【$ETH Signal】Pullback to go long, capital support reveals intentions

$ETH 1H level repeatedly tests near EMA20, buy orders above 2230 are unusually concentrated, selling pressure is quickly absorbed.
The 4H MACD shows a death cross but the histogram narrows, indicating weakening bearish momentum.
Negative funding rate combined with stable open interest suggests a short squeeze is brewing.

🎯Direction: Long

⚡Entry/Orders: Buy in batches within the 2207.25 - 2228.54 range

🛑Stop loss: 2145.06

🚀Target 1: 2331.62

🚀Target 2: 2393.81

🛡️Trade management:
- Execution strategy: Reduce 50% of positions after reaching Target 1, and move stop loss to breakeven.
- If price falls back into the entry zone, automatically exit to protect capital.

Order book data shows buy orders exceeding 230 ETH in the 2230-2231 range, while sell orders above are sparse, indicating clear support from capital.
The 1H RSI stabilizes around 50, not weakening with price dips, forming a hidden divergence.
The 4H Bollinger middle band at 2213 provides dynamic support, and combined with the negative funding environment, short position costs continue to accumulate.
This position offers a risk/reward ratio over 1:1, making it worthwhile to attempt a small-risk bullish rebound.

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