【$ETH Signal】1H breakout + capital support, bulls continue to push up

RSI 1h 67.58, MACD histogram continues to expand, price breaks above the Bollinger upper band at 1600.87. Although the sell-side order density is high, buy orders are actively absorbing, with four consecutive bullish 1H candles and increasing volume. The 4H Bollinger middle band at 1589.76 provides strong support, and the MACD bullish momentum is still being released. The risk-reward ratio is about 1.5, suitable for short-term trading.

🎯Direction: long

⚡Entry/Limit order: 1602.50 (recommended range 1600.34-1605.16)

🛑Stop loss: 1589.10

🚀Target 1: 1629.24

🚀Target 2: 1641.28

🛡️Trade Management:
- Execution strategy: After reaching target 1, reduce position by 50% and move stop loss up to the break-even point. If the price falls back to the entry level, exit automatically to protect the principal.

Deep logic: OI remains stable, funding rate of 0.0021% is extremely low, with no obvious long/short bias. The sell-side depth accounts for a large proportion but the price does not fall and instead rises, indicating sustained capital support. The RSI is not yet overbought, leaving room for further upside. The 1H Bollinger Bands are widening, with sufficient momentum.

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