$ETH Signal】Long + 1H pullback to the middle band, buying pressure heavily outweighs selling pressure


$ETH 4H RSI 62.64, 1H RSI 54.08, buying depth is 4.56 times the selling depth, the funding rate of 0.0038% is extremely low. After the 1H price pulls back to the EMA20 (1789.94) and rebounds, the MACD bearish histogram continues to shrink, indicating a clear exhaustion of selling pressure.

🎯Direction: Long

⚡Entry/Order: 1789.4355 - 1794.8200

🛑Stop Loss: 1776.8718

🚀Target 1: 1821.7423

🚀Target 2: 1835.2034

🛡️Trade Management:
- Execution Strategy: Reduce 50% of the position after reaching Target 1, and move the stop loss to breakeven. If the price falls back to the entry level, automatically exit to protect the principal.

Open interest remains stable, funding rate is low, long positions have low entry costs, profit-loss ratio is 1.5, making it a worthwhile bet on an upward reversal.

Check real-time market 👇 $ETH
---
Follow me: Get more real-time analysis and insights on the crypto market! $BTC $ETH $SOL
#我的Gate交易时刻 #TradFiCFD黄金大师赛 #预测世界杯阿根廷vs阿尔及利亚
ETH0.09%
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
  • Pinned