【$ETH Signal】Pullback confirmation, bulls and bears are in a heated contest

$ETH 1H timeframe continues to fluctuate below EMA50, the MACD on the 4H timeframe shows a dead cross with the histogram still expanding, indicating bearish momentum has not yet exhausted.
Order book shows thick orders around 2183.5, but sparse sell orders above, with clear intent of capital support.

🎯Direction: Long

⚡Entry/Order: 2172.79 - 2191.04

🛑Stop loss: 2155.37

🚀Target 1: 2262.39

🚀Target 2: 2298.06

🛡️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, automatically exit to protect capital.

Currently, the 1H RSI has dropped to 31.65, approaching oversold territory, but the 4H RSI remains at a neutral-weak position of 45.18.
Position volume remains stable, and the negative funding rate suggests strong bearish sentiment.
In this environment, if the price can stabilize above 2170, it is very likely to trigger a quick short covering rebound.
A risk-reward ratio of 2:1 provides a good buffer.

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