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【$ETH Signal】Pullback confirmation, long position sniper
$ETH 1H EMA20 and EMA50 levels form dense support around 2105. After the price pulls back, the buy-side order depth clearly thickens. The 4H Bollinger middle band at 2083 forms strong support. The 1H MACD histogram line value in negative territory narrows, indicating bearish momentum is exhausting.
🎯 Direction: Go long
⚡ Entry/Place orders: 2095 - 2115
🛑 Stop loss: 2063
🚀 Target 1: 2160
🚀 Target 2: 2192
🛡️ Trade management:
- Execution strategy: After reaching Target 1, reduce the position by 50%, and move the stop loss up to the break-even level. If the price drops back to the entry zone, you will automatically exit to protect the principal.
Order book shows extremely thick orders below 2106, exposing the intent of funds to provide support. Open interest remains stable. In a negative funding-rate environment, the price has not further dipped, meaning the risk of a short squeeze is building. The 1H RSI rebounds from the oversold zone, and combined with the 4H level still being in the upper half of the Bollinger Bands, the short-term rebound structure is intact. The risk-reward ratio is 2:1, worth a try.
View real-time market 👇 $ETH
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