【$ETH Signal】Pullback to Long + 1H level retesting EMA50 support confirmed
$ETH The 1H level is retesting the key EMA50 support, with prices oscillating narrowly around 1995. The 4H level remains in a healthy upward correction within the uptrend channel. Under the current negative funding rate environment, open interest remains stable with no signs of large-scale long liquidation, indicating that the main force is supporting the market. The 1H RSI has rebounded from oversold territory, and buying interest is accumulating below 1995. A short-term reversal is imminent.
🎯Direction: Long (Long)
⚡Entry/Order: 1986.94 - 1995.48
🛑Stop Loss: 1975.00
🚀Target 1: 2025.00
🚀Target 2: 2050.00
🛡️Trade Management:
- Execution Strategy: After reaching Target 1, reduce position by 50% to lock in profits, and move the remaining stop loss up to the entry price. If the price strongly breaks through Target 2, move the remaining stop loss up to Target 1 to seek greater gains.
(Depth Logic: The 1H chart shows the price precisely retesting the EMA50, which is the lifeline for short-term bulls. After a significant rally, the 4H candles are narrowing, indicating a healthy consolidation. Market data shows dense buy orders below 1995 forming a support wall, while sell orders above are relatively sparse. Once the price breaks through the 1996-1998 zone, a short squeeze rally is highly likely. Despite ongoing negative funding rates, the price remains firm, and bearish pressure is being absorbed. )
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【$ETH Signal】Pullback to Long + 1H level retesting EMA50 support confirmed
$ETH The 1H level is retesting the key EMA50 support, with prices oscillating narrowly around 1995. The 4H level remains in a healthy upward correction within the uptrend channel. Under the current negative funding rate environment, open interest remains stable with no signs of large-scale long liquidation, indicating that the main force is supporting the market. The 1H RSI has rebounded from oversold territory, and buying interest is accumulating below 1995. A short-term reversal is imminent.
🎯Direction: Long (Long)
⚡Entry/Order: 1986.94 - 1995.48
🛑Stop Loss: 1975.00
🚀Target 1: 2025.00
🚀Target 2: 2050.00
🛡️Trade Management:
- Execution Strategy: After reaching Target 1, reduce position by 50% to lock in profits, and move the remaining stop loss up to the entry price. If the price strongly breaks through Target 2, move the remaining stop loss up to Target 1 to seek greater gains.
(Depth Logic: The 1H chart shows the price precisely retesting the EMA50, which is the lifeline for short-term bulls. After a significant rally, the 4H candles are narrowing, indicating a healthy consolidation. Market data shows dense buy orders below 1995 forming a support wall, while sell orders above are relatively sparse. Once the price breaks through the 1996-1998 zone, a short squeeze rally is highly likely. Despite ongoing negative funding rates, the price remains firm, and bearish pressure is being absorbed. )
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