$ETH Signal】1H pullback to support zone, bulls target 1859


$ETH Buy orders densely stacked in the 1766-1772 range, 1H trading volume suddenly surged to 326.9k lots, sell orders appear to have a gap below 1764. The 4H MACD shows a death cross but the histogram narrows, Bollinger middle band at 1756 forms strong support. Funding rate is neutral at 0.0016%, open interest remains stable, and bears have not significantly increased positions. Current risk-reward ratio is 1.5, making it worthwhile to set up a rebound within the support zone.

🎯Direction: Long

⚡Entry/Order: 1766.9632 - 1772.2800

🛑Stop loss: 1714.2996

🚀Target 1: 1859.2506

🚀Target 2: 1902.7359

🛡️Trade management:
- Execution strategy: Reduce 50% of positions after reaching Target 1, and move stop loss to break-even. If price falls back into the entry zone, automatically exit to protect principal.

Orders around 1766 were quickly filled, causing the price to rebound to 1772, while the 1H RSI at 41.94 has not yet entered oversold territory, leaving room for further decline. Chips have been fully exchanged below 1760, showing clear signs of bear exhaustion.

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