【$ETH Signal】1H potential bullish divergence, targeting short-term rebound

$ETH The 1H timeframe repeatedly tests near the lower Bollinger Band, with buy-side depth imbalance at -4.8%, and bears actively selling but the price has not broken previous lows. The 4H MACD histogram is contracting, indicating weakening bearish momentum. The 1H MACD is showing a tentative golden cross, suggesting a short-term rebound is needed. In a negative fee rate environment, short positions' holding costs increase.

Price directly buys around 2262.14, with stop-loss placed above 2335.82. First target is 2280.20, reduce half of the position at that level to protect capital. Second target is 2261.66.

The 1-hour RSI is at 36.75, in oversold territory but not making a new low, while the price has held above 2260, forming a potential bullish divergence. The 4-hour price has already touched the lower Bollinger Band, which often leads to a technical rebound. Market data shows that although sell orders are dominant, there are dense orders in the 2260-2265 zone below, with clear intent to support the price. The risk-reward ratio at this level is favorable, making it worth a try.

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