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【$ETH Signal】Waiting for a callback to buy more
$ETH 1H RSI 74.21, sell order thickness is 1.25 times the buy order, price is still operating outside the upper Bollinger band. 4H MACD bullish pillar expanding, but lacking effective pullback confirmation. Chasing high has a moderate risk-reward ratio, waiting for a pullback to a support zone is more prudent.
🎯Direction: Long (Place order)
⚡Entry: Place order at 2335.0 (within recommended range)
🛑Stop loss: 2311.3
🚀Target 1: 2367.2
🚀Target 2: 2385.8
🛡️Trade management: Reduce 50% of position upon reaching Target 1, move stop loss to breakeven, remaining position looks to Target 2.
Depth logic: Funding rate at 0.0067% is neutral, but buy-sell ratio of 0.80 indicates deep sell-side accumulation. A strong breakout suggests active buy orders are continuously digesting. 4H structure is bullish, and a healthy pullback is a good opportunity for low-level buying.
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