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【$ETH Signal】Pullback confirmation complete, bulls strike again
$ETH The 1H timeframe repeatedly tests and stabilizes around the EMA50 (2189.4), the 4H MACD histogram shrinks, indicating weakening bearish momentum. Market depth shows very thick orders below 2189.87, fully exposing the capital support intention.
🎯Direction: Long
⚡Entry: Enter immediately near the current price of 2189.88, or place orders in the 2179.17-2185 range for ambush.
🛑Stop loss: 2145.61
🚀Target 1: 2246.29
🚀Target 2: 2279.85
🛡️Trade management:
- Execution strategy: After the price reaches 2246, reduce half of the position and move the remaining stop loss up to the entry price. If the price cannot hold above 2200, consider exiting early.
The 4H Bollinger middle band at 2180 provides strong support, and the 1H buy orders continue to push higher, with the price already breaking away from the lower band. Position volume remains stable, and the negative funding rate offers potential for short squeeze. The current risk-reward ratio is close to 2:1, making it a worthwhile intraday opportunity.
View real-time quotes 👇 $ETH
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