$ETH Signal: 1H pullback to go long + deep buy support


$ETH Bid/Ask ratio 4.64, buy order depth overwhelms sell orders. 1H MACD is a death cross but the price remains stable above EMA20, the 1745 area has very strong capital absorption. 4H Bollinger Bands are opening upward, the middle band at 1665 provides far support. Currently at the end of the pullback, bulls can counterattack at any time.
🎯Direction: Long
⚡Entry/Pending order: 1743.3442 - 1748.5900
🛑Stop loss: 1731.1041
🚀Target 1: 1774.8188
🚀Target 2: 1787.9333
🛡️Trade Management:
- Execution strategy: After reaching target 1, reduce position by 50% and move stop loss to breakeven. If price falls back to entry, automatically exit to protect principal.
1H volume shrinks to very low levels, selling pressure exhausted. 4H MACD red bars shrink but the bullish trend is not broken, the risk-reward ratio for going long at this point is clear. Order book depth shows a large accumulation of pending orders around 1745, the main force's intention to support the price is evident.
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ETH2.90%
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