$ETH Signal】Long position setup: 1H selling pressure digestion + 4H trend support


$ETH Around 1673, intense buying and selling activity, 1H MACD shows a death cross but 4H MACD histogram remains positive, Bollinger Band middle line at 1662 provides solid support. Selling pressure is suppressing the price but it has not broken down effectively, funding rate is 0.0031% which is relatively low, bulls have not collapsed.

🎯Direction: Long
⚡Entry: 1670.40 (place order within the range)
🛑Stop loss: 1640.13
🚀Target 1: 1723.33
🚀Target 2: 1748.30
🛡️Trade management:
- After reaching Target 1, reduce position by 50%, move stop loss to break-even. If the price retraces to the entry point, automatically exit.
The current entry risk-reward ratio is about 1.5, the safety margin lies in the thick buy orders around 1640, and before a breakdown, the bears lack continuous selling pressure.
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