【$ETH Signal】Pullback Long + 1H Retest Confirmation, Whale Support Intention Clear

$ETH is currently in a healthy pullback consolidation phase after a recent rally on the 1H timeframe. Price has stabilized above EMA50 on the 4H level, while the 1H level is attempting to find support near EMA20. The key point is that despite the minor pullback, open interest remains stable and bid depth is significantly thicker than ask depth, indicating that whale capital has not left the market but is protecting the floor and accumulating at key levels. The 1-hour RSI shows healthy momentum without entering overbought territory, building power for the next upswing.

🎯Direction: Long

⚡Entry/Pending Orders: Layered entry in the 2048.63 - 2055.41 zone

🛑Stop Loss: 2048.63

🚀Target 1: 2068.95

🚀Target 2: 2075.72

🛡️Trade Management:

- Execution Strategy: Reduce position by 50% upon reaching Target 1 and move stop loss up to entry price. Hold remaining position for Target 2; if price breaks through 2075 strongly, consider holding a portion of the position for higher levels.

( Depth Logic: Order book data shows abnormally thick bid depth with bid-1 orders far exceeding ask-1, showing clear support intent. The 1H candle has produced consecutive small-bodied candles following the previous volume spike bullish candle, a typical continuation consolidation during an uptrend. The 4H level has broken through previous resistance zones, with the trend turning upward. Combined with stable open interest and positive funding rates, this is a typical healthy pullback in a bullish trend and an excellent sniping point.)

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