#Gate广场AI测评官 #Gate2月衍生品市场份额创新高 #原油价格上涨 【$ETH Signal】Pullback Long + 1H Level Retest Confirmation

$ETH After a rapid spike and pullback on the 1H level, price is currently retesting near the key EMA20 moving average. The 4H level is experiencing high-level oscillation within an ascending channel overall, with open interest remaining stable, indicating that major players have not exited at scale. Current 1-hour RSI is approaching the neutral zone, with bid depth at 2044 showing unusually thick support, forming a strong support zone. Price decline accompanied by stable open interest appears more like a bullish washout rather than major player distribution. Combined with negative funding rates, there is potential for a short squeeze.

🎯Direction: Long

⚡Entry/Order: 2034.07 - 2049.87

🛑Stop Loss: 1998.88

🚀Target 1: 2104.45

🚀Target 2: 2139.64

🛡️Trade Management:

- Execution Strategy: Once price reaches Target 1, reduce position by 50% and immediately move stop loss up to entry price. Trail the remaining position with a moving stop loss to capture greater profits. If price fails to hold above the upper end of the entry zone and shows weakness, exit decisively.

( Deep Logic: 1H chart shows price testing EMA20 support, while RSI rebounds from oversold zone, forming an early bullish divergence. Order book data shows bid depth far exceeding ask depth, with clear intent from major players to support the market. 4H level price remains above EMA50, with mid-term trend intact. Negative funding rates reduce the cost of holding long positions, creating conditions for a rebound. )

View Live Market 👇 $ETH

---

Follow me: Get more real-time crypto market analysis and insights! $BTC $ETH $SOL