【$ETH Signal】Pullback Buying Opportunity! 1H Retest Confirms, Institutional Support Obvious

$ETH On the 1H timeframe, after a massive bullish candle push, it's currently in a healthy volume-contracting pullback phase, with price retesting near key EMA levels. The 4H timeframe has formed a clear uptrend, with price holding above all moving averages and strong momentum. Current order book shows significantly deeper buy depth than sell depth, indicating strong support below and clear institutional protective buying intent. Open interest remains stable, funding rate healthy—this is not short liquidation but rather a benign correction within a bullish trend.

🎯 Direction: Long

⚡ Entry/Limit Orders: 2057.85 - 2065.69

🛑 Stop Loss: 2057.85

🚀 Target 1: 2097.06

🚀 Target 2: 2112.74

🛡 ️Trade Management:

- Execution Strategy: Upon reaching Target 1, reduce position by 50% to lock in profits and move stop loss on remaining position to entry price. If price breaks Target 2 strongly, partially take profit on remaining position and consider moving stop loss near Target 1 to pursue larger gains.

( Deep Logic: 1-hour RSI around 62 with healthy momentum, far from overbought. 4-hour RSI equally in strong zone. Most critically, after the price push, open interest hasn't declined, indicating new capital represents genuine long positions, not short covering. Order book data shows buy orders are 3x+ sell orders with significant depth advantage, providing solid support. Current pullback is an excellent entry opportunity for retesting 1-hour EMA50 and 4-hour EMA20 convergence support zone.)

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