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【$ETH Signal】Pullback to go long, 1H momentum correction
$ETH After a sharp rise on the 1H timeframe, the price pulls back to the EMA20, with strong buying depth and clear capital support intentions. The 4-hour MACD histogram is still expanding, open interest remains stable, and the bullish pattern remains intact.
🎯Direction: Long
⚡Entry/Order: 2066 - 2072
🛑Stop Loss: 2060
🚀Target 1: 2095
🚀Target 2: 2107
🛡️Trade Management:
- Execution Strategy: Reduce half of the position when the price reaches 2095, and move the remaining stop loss up to the entry price. If the price cannot hold above 2080, consider exiting early.
The 1-hour RSI has fallen from the high of 77 to a healthy zone, correcting short-term overheating. Market depth data shows very thick orders around 2132, with selling pressure quickly absorbed. The 4-hour candlestick remains firmly above the upper Bollinger Band, and in this strong structure, a pullback is an opportunity. Open interest has not decreased with the price correction, indicating that funds are not leaving but are just changing hands.
Check real-time market 👇 $ETH
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