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7.28 Chen'an ETH early-morning strategy
The 1918 bottom-fishing pin has already shattered the short-term bearish momentum. The 1-minute MACD golden cross keeps increasing volume, and a rebound is already brewing. Waiting for a deep pullback likely means you miss the move; the aggressive approach is to catch the first wave of the breakout. If there’s no incremental sell-off funding during the early-morning session, the bears likely won’t keep pressing consecutively, and dip-buying capital will ride the oversold condition to trigger a fast rebound.
Entry range: 1915-1925 (fully exit if betting on an oversold rebound)
Stop-loss defense: 1905 (if it breaks below, the rebound thesis is invalid; when placing trades in the early morning, always set a proper stop-loss)
First target: 1950-1960 (heavy supply zone for the oversold rebound)
Second target: 1980 (near the intraday highs; if there’s volume expansion breaking above 1960, you can take a look) $BTC