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【$ETH Signal】Pullback to go long! 1H pullback confirmation, main force clearly protecting the market
$ETH On the 1H timeframe, the price is testing the key EMA50 support, stabilizing around 1990. Although the 4H timeframe experienced a sharp rise followed by a pullback, the overall position remains stable, and the depth of buy orders far exceeds that of sell orders, indicating that the main force is actively defending the price at key levels. The 1H RSI is approaching the neutral zone, and short-term selling pressure is easing, making it an excellent short-term long entry point.
🎯Direction: Long
⚡Entry/Order: 1981 - 1995
🛑Stop Loss: 1950
🚀Target 1: 2043
🚀Target 2: 2074
🛡️Trading Management:
- Execution Strategy: When the price reaches 2043, reduce positions by 50% and move the stop loss to the entry price. Hold the remaining position to aim for the second target. If the price pulls back and breaks below the moving stop loss, exit all positions.
(Depth Logic: The buy order depth is 2.65 times that of the sell order depth, indicating strong support below. Position volume remains stable during the pullback, not panic selling, but a healthy technical retracement. The 1H price has tested the EMA50 moving average, which coincides with the recent consolidation zone on the 4H timeframe, forming a resonance support. The 1H RSI shows momentum is recovering, preparing for a rebound. )
View real-time market 👇 $ETH
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