【$ETH Signal】Pullback Long Entry + 1H Oversold Rebound Play
The 1H timeframe is in a severe oversold zone, with RSI dropping to 29. The price has formed a double bottom on the hourly chart within the 1906-1930 range. Although the 4H trend is downward, the current price has moved far away from the moving averages, and open interest remains stable. This is not a major dump, indicating a technical rebound demand.
🎯Direction: Long $ETH Long(
⚡Entry/Order: 1932.00 - 1935.00
🛑Stop Loss: 1905.00
🚀Target 1: 1965.00
🚀Target 2: 1985.00
🛡️Trade Management: - Position Size: Light - Strategy: After reaching Target 1, reduce position by 50% and move the stop loss to the entry price. Hold the remaining position to aim for Target 2. If the price consolidates in the entry zone for more than 4 one-hour candles without a move, exit proactively.
Depth Logic: The 1H RSI is severely oversold, indicating a mean reversion need. The 4H level around 1900-1910 is a previous dense trading zone, forming psychological support. Market depth data shows buy orders (55.21%) significantly outweigh sell orders, with large buy orders around 1930 defending the level. Despite the bearish trend, this is a short-term sniper opportunity based on 1H oversold rebound, with a favorable risk-reward ratio.
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【$ETH Signal】Pullback Long Entry + 1H Oversold Rebound Play
The 1H timeframe is in a severe oversold zone, with RSI dropping to 29. The price has formed a double bottom on the hourly chart within the 1906-1930 range. Although the 4H trend is downward, the current price has moved far away from the moving averages, and open interest remains stable. This is not a major dump, indicating a technical rebound demand.
🎯Direction: Long $ETH Long(
⚡Entry/Order: 1932.00 - 1935.00
🛑Stop Loss: 1905.00
🚀Target 1: 1965.00
🚀Target 2: 1985.00
🛡️Trade Management:
- Position Size: Light
- Strategy: After reaching Target 1, reduce position by 50% and move the stop loss to the entry price. Hold the remaining position to aim for Target 2. If the price consolidates in the entry zone for more than 4 one-hour candles without a move, exit proactively.
Depth Logic: The 1H RSI is severely oversold, indicating a mean reversion need. The 4H level around 1900-1910 is a previous dense trading zone, forming psychological support. Market depth data shows buy orders (55.21%) significantly outweigh sell orders, with large buy orders around 1930 defending the level. Despite the bearish trend, this is a short-term sniper opportunity based on 1H oversold rebound, with a favorable risk-reward ratio.
Check real-time quotes 👇 )
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