【$ETH Signal】Pullback to Long! 1H RSI Bottom Divergence, Main Force Showing Signs of Support

$ETH The 1H timeframe is oscillating within the 1960-1980 range, forming a bottom. RSI shows bottom divergence signals, with prices declining but open interest remaining stable, indicating that the main force is supporting the market rather than distributing. Although the 4H timeframe is in a downtrend channel, it is approaching a previous dense trading zone support. The rebound momentum on the 1H is building.

🎯 Direction: Long (Pullback to Long)

⚡ Entry/Order: 1940.10 - 1965.42

🛑 Stop Loss: 1915.00

🚀 Target 1: 2020.00

🚀 Target 2: 2050.00

🛡️ Trading Management:

- Execution Strategy: After reaching Target 1, reduce position by 50%, and move the remaining stop loss to the entry price. If the price strongly breaks through Target 2, consider leaving some profits as a trend order, tracking the 4H EMA20 as a trailing take profit.

Deep Logic: The price quickly dropped from 2050, but open interest remained stable, with no signs of panic selling. This is a positive signal. The 1-hour RSI has entered the oversold zone and formed a bottom divergence, indicating strong rebound demand. The order book shows dense buy orders below 1980, forming short-term support. Negative funding rates have also lowered the cost of holding long positions. Currently, the price is far from the 1H EMA20; patiently waiting for a pullback to the suggested entry zone is a better strategy.

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