【$ETH Signal】Pullback to Buy! 1H Retest Confirmed, Main Players' Intent to Support is Obvious

$ETH is currently in a critical retest confirmation phase at the 1H level. After surging to 2209, the price pulled back sharply and is now testing the support zone formed by the 1H EMA20 (approximately 2113) and 4H EMA20 (approximately 2069). Although the 4H level shows a long upper wick indicating selling pressure above, the 1H level buy depth around 2102 is unusually thick, and open interest remains stable, indicating that main players have not exited. This pullback is a healthy shakeout.

🎯 Direction: Long

⚡ Entry/Pending Order: 2092 - 2098

🛑 Stop Loss: 2046

🚀 Target 1: 2184

🚀 Target 2: 2230

🛡 Trade Management:

- Execution Strategy: When price reaches Target 1, reduce position by 50% and immediately move the stop loss of remaining position to entry price. If price breaks Target 1 strongly and holds steady, you can move remaining position stop loss to breakeven and chase Target 2.

Deep Logic: The current 1H RSI has pulled back from the overbought zone to the neutral zone, building strength for another rally. Order book data shows a massive buy wall of 148 ETH in the 2102-2103 zone, forming strong support. Meanwhile, the funding rate maintains a healthy positive level with no signs of overheating, providing safe fuel for bulls. Combined with stable open interest and price resilience, this fits the typical "main players supporting, pullback to buy" pattern.

View Real-time Chart 👇 $ETH

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