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【$ETH Signal】Pullback to buy, bottom volume breakout confirmation
$ETH The 1H timeframe has built a solid bottom platform around 1990, with strong buying depth and a clear intention to support below the 2000 integer level. The 4-hour MACD is about to form a golden cross, indicating weakening bearish momentum. The order book is experiencing frantic cancellations, but the price has not broken below the previous low. This kind of shakeout actually reveals the main force's intentions.
🎯Direction: Long
⚡Entry/Order: 1988 - 1992 zone
🛑Stop Loss: 1957
🚀Target 1: 2131
🚀Target 2: 2200
🛡️Trade Management:
- Execution Strategy: After the price reaches the first target, reduce half of the position, and move the remaining stop loss up to the entry price. If the price cannot hold above 2005, consider partially exiting early.
Position size remains stable, and funds have not fled en masse during the price correction. The 1-hour RSI has rebounded from lows to around 47, with momentum beginning to recover. Combined with the support from the lower band of the 4-hour Bollinger Bands and the volume-increasing bullish candle on the 1-hour chart, this risk-reward ratio is worth a try. It takes time for market sentiment to recover from panic, but technical divergence has already appeared.
View real-time quotes 👇 $ETH
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