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【$ETH Signal】1H pullback touches support, long positions prepared
$ETH 1H RSI falls back to 48, buy orders are weak, 4H Bollinger Band middle line at 2314 provides substantial support. Price repeatedly tests EMA50, MACD 4H histogram remains positive, negative values expanding on the 1H histogram often accompany the end of short-term pullbacks.
🎯Direction: Long
⚡Entry/Order: 2328.56 Enter at current price
🛑Stop loss: 2309.93
🚀Target 1: 2365.82
🚀Target 2: 2384.45
🛡️Trade management: - After reaching Target 1, reduce position by 50%, move stop loss to break-even. If price falls back to entry level, automatically exit.
Depth logic: OI stable, funding rate at 0.0073%, nearly zero, lack of momentum from bears. Although sell-side depth is superior, support around 2328 is still acceptable, risk-reward ratio of 1.69 makes it worth betting.
Check real-time market 👇 $ETH
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