【#Gate蓝龙虾重磅上线 Signal】Pullback to buy! 1H retracement confirms EMA20, main force clearly protecting the market

The 1H timeframe has experienced a massive bullish surge and is now in a healthy retracement confirmation stage. The price is hovering around 2073, but the key is to watch the support strength of the 1H EMA20 (around 2041). The 4H timeframe has broken through the previous consolidation range, indicating an upward trend, but a retracement on the 1H is needed to confirm the breakout's validity. Open interest remains stable, and no panic selling was observed during the price decline, suggesting main force support. This is a typical strong correction structure.

🎯 Direction: Long

⚡ Entry/Order: 2028.84 - 2030.71

🛑 Stop Loss: 2028.84

🚀 Target 1: 2038.18

🚀 Target 2: 2041.92

🛡️ Trading Management:

- Execution Strategy: After reaching Target 1, reduce position by 50%, and move the remaining position's stop loss up to the entry price. If the price strongly breaks through Target 2, move the remaining position's stop loss up to Target 1 to seek greater gains.

$ETH Depth Logic: The 1-hour RSI is in a healthy zone, not overbought, leaving room for further upside. Market depth data shows buy orders are significantly thicker than sell orders, providing strong support below. The 4-hour level has formed a solid support zone between 2000-2010, combined with stable open interest, making this correction an excellent short-term bullish sniper opportunity. $ETH

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