7.24 ETH playbook layout

The price set a new intraday low at 1,858.22, but the lower MACD green histogram length and the DIF value did not make new lows in sync, forming a clear bullish divergence (bottom divergence) signal.

This means the bearish momentum behind this round of decline is gradually weakening; selling pressure has already been concentrated and released, and there isn’t enough drive to keep dumping the market lower.

Entry zone: 1,855-1,865—pull back into this range to clear the position with confidence (look for stabilization signals such as a lower wick and small bullish candle(s) indicating the selloff is stopping)

Stop-loss defense: 1,840 (if 1,840 breaks, the downward trend continues; the rebound thesis is completely invalidated—exit directly)

First target: 1,890 (corresponds to the lower Bollinger Band reversion level + a short-term minor pressure zone; you can take profit on 70% of the position when price reaches here—lock it in)

Second target: 1,920 (after breaking the 1,900 integer level, you can look toward this level)