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【$ETHUSDT Signal】1H level buildup, sniping the upper space
$ETHUSDT 1H level price closely hugging the upper Bollinger Band, MACD histogram continues to expand, but the 4-hour level remains constrained by the midline. During the early weekend hours, liquidity is thin, and the order book shows a clear accumulation of sell orders above 2060. Bulls face intense selling pressure with each step forward.
🎯Direction: Long (breakout pending order)
⚡Entry/Pending Order: 2062.00 - 2065.00
🛑Stop Loss: 2055.00
🚀Target 1: 2088.00
🚀Target 2: 2105.00
🛡️Trade Management:
- Execution Strategy: After the price hits the first target, take half of the position profit, and move the remaining stop loss up to the entry price. If the price cannot hold above 2065, exit proactively and observe.
Position size remains stable, funding rate approaches neutrality, indicating that the current market is not overly enthusiastic about chasing the rally. The 1-hour moving averages are beginning to converge and turn upward, signaling short-term momentum brewing. Once key resistance is broken with volume, the stop-loss orders above will push the price higher rapidly. The risk-reward ratio is attractive under the current structure, but it’s crucial to strictly defend the first line of defense.
View real-time market 👇 $ETHUSDT
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