【$ETH Signal】1H Breakout and Retest Confirmation, Short-term Rebound Sniping

$ETH The 1H timeframe has experienced an early morning dip, but has strongly rebounded and stabilized above the EMA20 (2074), forming a bullish engulfing pattern. Although the 4H timeframe is still in consolidation, the latest candlestick closed above the EMA50 (2068), and the 1H RSI (59.68) indicates momentum is returning, with bulls attempting to reverse the short-term downtrend. Market depth shows buy orders concentrated around 2086, with relatively dispersed sell pressure, favoring an upward breakout.

🎯Direction: Long (Long)

🎯Entry/Order: 2084.00 - 2088.00 (Reason: 1H EMA20 support zone & current consolidation platform )

🛑Stop Loss: 2065.00 (Reason: Break below 4H EMA50 support & previous 1H candlestick low )

🚀Target 1: 2105.00 (Reason: 4H resistance from previous high & recent upper boundary of consolidation range )

🚀Target 2: 2125.00 (Reason: 1.618 Fibonacci extension level & psychological resistance above )

🛡️Trade Management:

- Position Size Recommendation: Light (Reason: 4H trend is not fully clear, representing a 1H rebound battle )

- Execution Strategy: After reaching Target 1, reduce position by 50% and move stop loss to entry price. Trail remaining position for take profit; if the 1H close drops below 2080, exit all positions.

Depth Logic: Open interest (OI) remains stable and has not decreased significantly with price decline, indicating that bears have not exited en masse. The latest 4-hour candlestick shows a buy/sell ratio of 0.58, favoring buyers. The 1H chart quickly rebounded from a low of 2034, forming a V-shaped bottom pattern, supported by active buy orders, indicating sufficient short-term rebound momentum. The key is whether the price can hold above the 2080-2090 zone.

Trade here 👇 $ETH

---

Follow me: Get more real-time analysis and insights on the crypto market! $BTC $ETH $SOL