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【$ETH Signal】Pullback to go long, 1H level charging up for launch
$ETH 1H level EMA20 (2199) above, strong consolidation, 4-hour Bollinger middle band (2175) forms strong support.
Buy orders are stacking around 2217, sell orders are sparse, capital support is clear.
MACD 1-hour histogram continues to expand, bullish momentum remains intact.
🎯Direction: Long
⚡Entry/Order: 2194 - 2198
🛑Stop Loss: 2189
🚀Target 1: 2204
🚀Target 2: 2209
🛡️Trade Management:
- Execution strategy: Reduce 50% of position after reaching Target 1, and move stop loss to break-even.
- If price falls back into the entry zone, automatically exit to protect capital.
This dip is definitely a trap to lure shorts, as the 4-hour level just broke out of the previous consolidation range with increased volume.
Position size remains stable, funding rate is healthy, no signs of overheating.
The 1-hour RSI pulled back from high levels to around 57, offering a good second entry opportunity.
Below, the 2190-2195 zone is a resonance support of multiple moving averages and previous highs, with a very favorable risk-reward ratio for this setup.
Check real-time market 👇 $ETH
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#Gate上线Pre-IPOs #加密市场小幅下跌 #原油小幅上涨