【$ETH Signal】Pullback to Long + 1H RSI Bottom Divergence Setup
The 1H timeframe is building a potential double bottom around 1900, with RSI showing a clear bottom divergence, and the price refusing to make new lows. Although the 4H timeframe is in a downtrend channel, open interest remains stable, and the negative funding rate is accumulating short squeeze risk. The current price is at a critical support zone, making it an excellent position for aggressive rebound targeting.
🎯Direction: Long $ETH Long(
⚡Entry/Order: 1925 - 1935
🛑Stop Loss: 1895
🚀Target 1: 1980
🚀Target 2: 2020
🛡️Trade Management: - Position size recommendation: Light position - Execution strategy: After entering, if the price quickly rebounds above 1950, move the stop loss up to the entry price. Reduce half of the position at Target 1, and move the remaining stop loss to hold for Target 2.
Deep Logic: The 1H RSI)33.13( shows a bottom divergence with the price, indicating weakening downward momentum. Market depth shows sell order at )1927.86( for 55.7 ETH, and buy order at )1927.85( for only 11.1 ETH. Although it appears bearish pressure is heavy, there are dense buy orders around the 1927.6-1927.7 zone) totaling about 20 ETH( to support the market, with major players defending key levels. The 4H open interest remains stable; despite a sharp price drop, there has been no collapse in open positions, indicating this is more passive liquidation by longs rather than major selling. The negative funding rate)-0.0088%( persists, and a rebound could trigger short covering.
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【$ETH Signal】Pullback to Long + 1H RSI Bottom Divergence Setup
The 1H timeframe is building a potential double bottom around 1900, with RSI showing a clear bottom divergence, and the price refusing to make new lows. Although the 4H timeframe is in a downtrend channel, open interest remains stable, and the negative funding rate is accumulating short squeeze risk. The current price is at a critical support zone, making it an excellent position for aggressive rebound targeting.
🎯Direction: Long $ETH Long(
⚡Entry/Order: 1925 - 1935
🛑Stop Loss: 1895
🚀Target 1: 1980
🚀Target 2: 2020
🛡️Trade Management:
- Position size recommendation: Light position
- Execution strategy: After entering, if the price quickly rebounds above 1950, move the stop loss up to the entry price. Reduce half of the position at Target 1, and move the remaining stop loss to hold for Target 2.
Deep Logic: The 1H RSI)33.13( shows a bottom divergence with the price, indicating weakening downward momentum. Market depth shows sell order at )1927.86( for 55.7 ETH, and buy order at )1927.85( for only 11.1 ETH. Although it appears bearish pressure is heavy, there are dense buy orders around the 1927.6-1927.7 zone) totaling about 20 ETH( to support the market, with major players defending key levels. The 4H open interest remains stable; despite a sharp price drop, there has been no collapse in open positions, indicating this is more passive liquidation by longs rather than major selling. The negative funding rate)-0.0088%( persists, and a rebound could trigger short covering.
Check real-time market 👇 )
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