$ETH Signal】Long | Healthy Pullback After Volume Breakout



After a volume breakout above the 2000 psychological level on the 4H timeframe, the price is performing a healthy pullback from the previous resistance turned support area. Market indicators show effective absorption of buy orders with no signs of panic selling.

🎯 Direction: Long

🎯 Entry: 2040 - 2055

🛑 Stop Loss: 2025 $ETH Rigid Stop Loss (

🚀 Target 1: 2120

🚀 Target 2: 2180

Technical Logic: Three consecutive volume-driven bullish candles on the 4H chart establish a breakout trend, with the last candle closing above the previous high, confirming strength. Currently, the price is consolidating above the breakout zone (1969-2001), with order book depth showing dense buy support around 2060. Funding rates are only 0.01%, indicating no extreme bullish overheating, supporting a healthy upward continuation. Price action (PA) shows each pullback is quickly absorbed, indicating a bullish market structure.

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$ETH
#Is the current market bottoming out or just observing?
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