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【$ETH Signal】Pullback Long + 1H Retest Confirmation, Obvious Intention of Main Players Supporting Price
$ETH On the 1H level, after experiencing a rally, ( is currently in a healthy pullback consolidation phase. The price is firmly holding above EMA50 on the 4H level, while the 1H level is attempting to find support near EMA20. The key point is that despite the minor pullback in price, open positions remain stable, and the bid depth is significantly thicker than the ask depth, showing that the main force capital has not left the market but is supporting and absorbing at key levels. The 1-hour RSI shows healthy momentum, not entering overbought territory, accumulating power for the next leg up.
🎯Direction: Long
⚡Entry/Pending Orders: Layered ambush in 2048.63 - 2055.41 range
🛑Stop Loss: 2048.63
🚀Target 1: 2068.95
🚀Target 2: 2075.72
🛡️Trading Management:
- Execution Strategy: Reduce 50% of position upon reaching Target 1, and move stop loss up to entry price. Use remaining position to chase Target 2. If price breaks 2075 strongly, consider holding partial position for higher targets.
) Deep Logic: Order book data shows abnormally thick bid depth, with bid one volume far exceeding ask one, showing clear support intention. The 1H candlestick shows consecutive small-body candles after the previous high-volume bullish candle, a typical mid-rally consolidation pattern. The 4H level price has broken through the previous high consolidation zone with uptrend shift. Combined with stable open positions and positive funding rates, this is a typical benign pullback in an uptrend, an excellent sniper entry point.$ETH
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