【$ETH Signal】1H pullback confirmation, multi-timeframe resonance bullish

$ETH The 1H timeframe is strongly consolidating above EMA20, with the price refusing to undergo a deep correction. The 4H timeframe has already broken through the previous consolidation platform, with a pullback confirming support is effective, and the bullish structure is solid. Negative funding rates combined with stable open interest suggest limited bearish pressure, and the main force is clearly protecting the market.

🎯Direction: Long (Long)

🎯Entry/Order: 2085.00 - 2090.00 (Reason: 1H EMA20 dynamic support zone + dense zone of previous hourly candlestick bodies)

🛑Stop loss: 2065.00 (Reason: Break below the 4H breakout bullish candle low of 2063.16 + ATR protection)

🚀Target 1: 2115.00 (Reason: Previous high resistance zone + 1.272 Fibonacci extension)

🚀Target 2: 2140.00 (Reason: 4H previous wave high + 1.618 Fibonacci extension)

🛡️Trade management:

- Position suggestion: Standard position (Reason: 1H/4H resonance, risk-reward ratio >1.5)

- Execution strategy: After reaching 2115, reduce position by 50% and move stop loss to entry price. Hold remaining position for the second target; if price pulls back below 2090, exit all.

Deep logic: 1H RSI(64.81) is in a healthy bullish zone, not overbought. Order book depth shows concentrated buy orders around 2087, indicating strong support below. The buy/sell ratio at the 4H level during breakout reached as high as 0.55, indicating clear capital inflow. The current price is above the dual support of 1H EMA20(2069.59) and 4H EMA50(2068.92), with a strong structure. Under negative funding rates, the price remains firm, with potential for short squeeze.

Trade here 👇 $ETH

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