$ETH Signal】1H breakout pullback confirmation, main force supports the market, sniper short-term short squeeze



$ETH The 1H timeframe is consolidating strongly above the EMA20, just completing a pullback confirmation after breaking through the previous high. The 4H timeframe has a large bullish candle establishing a short-term bottom. Although the overall trend remains volatile, the momentum and capital flow on the 1H are resonating, indicating clear signs of main force support, making it an excellent short-term sniper opportunity.

🎯Direction: Long (Long)

🎯Entry/Order: $2048 - $2052 (Reason: 1H EMA20 support zone + previous breakout platform pullback confirmation)

🛑Stop Loss: $2035 (Reason: Break below 1H candle low + ATR lower band)

🚀Target 1: $2080 (Reason: Resistance at the previous rebound high on the 4H level)

🚀Target 2: $2120 (Reason: 4H downtrend line resistance + 1.382 Fibonacci extension level)

🛡️Trade Management:

- Position size suggestion: Standard position (Reason: 1H/4H resonance, risk-reward ratio >1.5)

- Execution strategy: After the price reaches $2080, reduce position by 50% and move stop loss to entry price $2052. Remaining position aims for $2120 target. If the price pulls back to EMA20 and then advances again, consider adding to the position.

Deep logic: The 4H timeframe shows a large volume spike near $1950, resulting in over 10% increase, which is a clear bottom accumulation signal. Open interest remains stable, and after the rally, the price has not fallen sharply, indicating that the bulls have not exited but are rotating hands at high levels to support the market. The 1H RSI at 69.74 is in a strong zone but not overbought, leaving room for further upside. Market depth shows heavy buy orders around $2052-$2053 (over 80 orders), forming immediate support. Coupled with very low funding rates, there is potential for a short squeeze.

Trade here 👇 (
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