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【$ETH Signal】Pullback to go long, 1H level funds clearly support
$ETH The 1H level repeatedly tests around the Bollinger middle band at 2363, with buy volume 23% higher than sell volume, fully exposing the intention of funds supporting the price. The 4H MACD fast and slow lines remain above the zero line, indicating the bullish trend has not changed, but the 1H MACD histogram expands below the zero line, suggesting a short-term pullback is needed.
If the price pulls back to the 2287-2353 range, support will be very active below.
⚡Entry: Buy in stages within the 2287.64 - 2353.85 range.
🛑Stop loss: 2212.42
🚀Target 1: 2438.08
🚀Target 2: 2513.30
🛡️Trade management:
- Execution strategy: After reaching Target 1, reduce half of the position, and move the remaining stop loss up to the entry price. If the price fails to hold above the upper boundary of the entry zone and weakens, proactively exit.
The 1-hour EMA50 at 2299 resonates with the lower boundary of the suggested entry zone, providing support. The 4H Bollinger upper band at 2416 is the first resistance; breaking through opens up space. Currently, the funding rate is only 0.0032%, with no signs of overheating, and open interest remains stable, providing a foundation for healthy trend continuation. The risk-reward ratio is close to 1:2.5, making this a good setup.
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