【$ETH Signal】Oversold rebound sniper, 1H level RSI extreme divergence

$ETH The 1H level price has broken below the lower Bollinger Band, RSI has dropped to an extreme oversold level of 21.6. The 4-hour MACD histogram continues to expand, but a clear volume-price divergence appears on the 1-hour chart. After the last large-volume decline candlestick, selling pressure has weakened. Market data shows significant buy orders around 1990, revealing the intention of capital support.

🎯Direction: Long

⚡Entry/Order: Enter in batches around 1970 - 1975

🛑Stop Loss: Below 1930

🚀Target 1: 2155

🚀Target 2: 2245

🛡️Trade Management:
- Execution strategy: After reaching the first target, reduce half of the position, and move the remaining stop loss to the breakeven point. If the rebound is weak and the price falls below the entry zone again, exit unconditionally.

Open interest remains stable during the sharp decline, with no signs of large-scale long liquidation triggering chain reactions. This weakens the momentum for further deep declines. Negative funding rates increase costs for shorts, setting the stage for potential short squeeze. Severe bullish divergence appears on the 1-hour and 4-hour RSI, indicating a technical correction is needed, with a very favorable risk-reward ratio.

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