$ETH Signal】The bulls break above the Bollinger upper band. Liquidity support is there, but sell-side order depth is relatively high


$ETH On the 1H, RSI is 79.45, and the price is running tight to the Bollinger upper band at 1875. The MACD momentum histogram is still expanding, but the sell-side depth (0.09) suggests that the sell pressure at high levels is not light. The current risk-reward ratio is acceptable; the key is whether the buy side can keep absorbing the wall of resting sell orders above.
🎯Direction: Long
⚡Entry/Orders: 1872.37 - 1878.00
🛑Stop-loss: 1859.22
🚀Target1: 1906.17
🚀Target2: 1920.25
🛡️Trade management: - Execute strategy: after reaching Target1, reduce the position by 50%, and move the stop-loss up to break-even. If the price retraces back to the entry level, exit and stand by.
Depth logic: A 1H high-volume bullish candle drives the price to cross above the 4H EMA50, but then the 1H volume shrinks and fades; the depth imbalance implies the main players may be “lifting the price while distributing” (pulling up and distributing at the same time). As long as it does not fall below the stop-loss, the long structure has not yet been broken.
View live quotes 👇 $ETH
---
Follow me: Get more real-time crypto market analysis and insights! $BTC $ETH $SOL
#PreIPOs第二期OpenAI认购 #Gate6月透明度报告 #美国核心CPI未达预期
ETH6.61%
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