$ETH Signal】Pullback to go long, 4H Bollinger lower band supports with funds


$ETH The 1H MACD histogram continues to expand, indicating bearish momentum is releasing. The 4H price has already touched the lower Bollinger band, and order book data shows a sell wall of up to 394 orders above 2087.74, while the buy depth at 2087.73 is only 59 orders, showing a deep imbalance of -66.58%. The selling pressure is indeed heavy. However, the EMA50 at 2084 forms a long-term trendline support, creating a double defense with the 4H Bollinger lower band around 2013.

🎯Direction: Pullback to go long

⚡Entry/Orders: Layered entries in the 2069.99 - 2074.32 range

🛑Stop loss: 2033.31

🚀Target 1: 2238.35

🚀Target 2: 2320.37

🛡️Trade management:
- Execution strategy: Reduce 50% of the position after reaching Target 1, and move the stop loss to break-even. If the price falls back into the entry zone, exit automatically to protect capital.

Current position size is stable, funding rate is near neutral, and no extreme short squeeze or liquidation signals are present. The 1H RSI is at 40, exiting oversold but not entering a strong zone. This position offers a risk-reward ratio of over 4 times, making it worthwhile to use a smaller position to bet on a retracement toward the midline. The key is whether the price can rebuild a bottom structure on the hourly level in the 2070-2084 area.

Check real-time market 👇 $ETH
---
Follow me: Get more real-time analysis and insights on the crypto market! $BTC $ETH $SOL
ETH-2,29%
BTC-1,06%
SOL-0,84%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin