$ETH Signal: Pullback with multiple entries, 1H overbought awaiting correction


$ETH RSI 1H 75.96, touching the upper Bollinger band at 2366.4H MACD bars expanding but price has stagnated.
Volume surged to 427k at 17:00 then sharply dropped to 110k, buying ratio fell from 0.63 to 0.57.
Order book imbalance -3.76% indicates slight sell-side dominance.
Funding rate at 0.01% is neutral.
🎯Direction: Long (waiting for pullback orders)
⚡Entry: 2344 (recommended range 2335-2353)
🛑Stop loss: 2315.30
🚀Target 1: 2374.74
🚀Target 2: 2394.55
🛡️Trade management: Reduce position by 50% at Target 1, move stop loss to break-even.
If price drops below entry, automatically exit.
Short-term momentum remains but overbought risk is accumulating, with a low long-profit-to-loss ratio of about 1:0.55, strict stop-loss can control drawdown.
Until the 4H trend breaks, pullback absorption is more prudent.
View real-time market 👇 $ETH
---
Follow me: Get more real-time analysis and insights on the crypto market! $BTC $ETH $SOL
#Gate广场五月交易分享 #BTC重返8万 #日本国债上链24小时交易
ETH2.02%
BTC2.01%
SOL3.03%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin