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【$ETH Signal】Long - 1H pullback confirmation, main force clearly intends to support the market
$ETH The 1H timeframe is consolidating strongly above the EMA20 (2112), with the price refusing to undergo a deep correction, indicating strong buying support. The 4H timeframe is holding above the EMA50 (2009), maintaining a healthy medium-term trend structure. Currently, the price is oscillating narrowly around 2124, building momentum for the next upward surge.
🎯Direction: Long
⚡Entry/Order: 2115 - 2120
🛑Stop Loss: 2090
🚀Target 1: 2180
🚀Target 2: 2250
🛡️Trade Management:
- Execution Strategy: Reduce 50% of the position after reaching Target 1, and move the stop loss to the entry price. Trail the remaining position for profit-taking; if the price falls below the 1H EMA20 (around 2112), exit all positions.
(Depth Logic: Position size remains stable; after the price rises, there has been no large-scale liquidation, indicating that main force is supporting the market rather than retail chasing highs. The 1-hour RSI is at a healthy 57, leaving room for further upward movement. The order book shows sell orders stacking above 2124, but buy orders are thick in the 2120-2123 range, forming a support cushion. Combining the 4H cycle, the price has broken through the previous high consolidation zone; a pullback is an opportunity.)
View real-time market 👇 $ETH
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