【$ETHUSDT Signal】1H Breakout and Pullback, Bulls Gaining Momentum

$ETHUSDT The 1-hour price has already broken above the upper Bollinger Band, with MACD histogram continuously expanding, indicating active buying pressure. Although the 4-hour timeframe is hovering near the middle Bollinger Band, open interest remains stable with no signs of large-scale fund withdrawal. Over the weekend early morning, liquidity was relatively weak, but order book shows thick orders around 2067.5, clearly indicating a support intention from funds.

🎯Direction: Long

⚡Entry/Orders: Enter in batches within the 2053 - 2060.5 range

🛑Stop Loss: 2043

🚀Target 1: 2095

🚀Target 2: 2120

🛡️Trade Management:
- Execution Strategy: Reduce half of the position after the price reaches 2095, and move the remaining stop loss up to the entry price. If the price cannot hold above 2065, consider exiting early.

An hour ago, a volume-driven bullish candle directly pierced through the upper boundary of the previous consolidation zone, with good volume support. Currently, the 1-hour RSI is around 65, with healthy momentum and not in overbought territory. More importantly, although the price has slightly pulled back, open contracts have not decreased accordingly, indicating that bulls are not losing strength—more like a handover during an upward move. The 2050-2055 zone below corresponds to the EMA20 and a previous small platform on the 4-hour chart, providing reliable support. The risk-reward ratio is close to 1:2, making this setup worth a try.

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