【$ETH Signal】Go long for a 1H breakout upward + funding rate support

$ETH 1H RSI surges to 76.41, and buy pressure keeps pushing higher. After the 4H MACD lines form a golden cross, the histogram expands, releasing bullish momentum. In the order book, buy orders account for 53.83% of depth, with dense order placement below. A negative funding rate of -0.0008% suggests bears are weak, with potential for a short squeeze.
🎯Direction: Go long
⚡Entry/limit orders: 1893.6283 - 1897.8300
🛑Stop loss: 1876.8214
🚀Target 1: 1929.3428
🚀Target 2: 1945.0992
🛡️Trade management: - Execute strategy: After reaching Target 1, cut position by 50%, and move the stop loss up to breakeven. If price falls back to the entry zone, automatically exit to protect principal.
Current price is already close to the upper end of the range. Entering around 1893 offers a more comfortable risk-reward ratio. In terms of market psychology, bears are waiting for a pullback, but funding support is clearly present.
View live chart 👇 $ETH
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