【$ETH Signal】 Pullback setup, aiming for a 4H rebound correction

$ETH 1H level repeatedly tests around 2050; buy-side depth is stacked with a large sell order of more than 30 ETH around 2052.9, but the sell wall at 2052.92 is as thick as 239 ETH, forming short-term pressure. The 4-hour MACD histogram bars are narrowing in negative territory; bearish momentum is exhausting, and the 1-hour price has already moved above the short-term moving average.

🎯 Direction: Long ( — place orders for )

⚡ Entry/Order: 2034.25 - 2038.75

🛑 Stop Loss: 1996.10

🚀 Target 1: 2209.35

🚀 Target 2: 2294.65

🛡️ Trade Management:
- Execution Strategy: After reaching Target 1, reduce the position by 50% and move the stop loss up to the breakeven level. If the price falls back to the entry level, exit automatically to protect the principal.

Position size remains stable, and the price drop has not triggered large-scale liquidations, indicating the chips are relatively solid. The 1-hour RSI is around 45, in a neutral-to-slightly-weak zone, leaving room for a rebound. The 4-hour price is moving within the lower-middle range of the Bollinger Bands; strong support near the lower band around 2009 holds the floor. The current risk-reward ratio is close to 4, and the odds advantage is obvious—it's worth taking a relatively small risk to bet on a pullback back to the mid-band.

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