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$ETH Signal】False Breakdown Confirmed, Rally Imminent
$ETH price surged on massive volume and pierced key support (phenomenon), but 4H-level trading volume pulsed then rapidly contracted, with no new lows formed, while OI remained stable without deleveraging, indicating short momentum exhaustion (fund verification). Price held firm under negative funding rates, a typical short squeeze trap, false breakdown confirmed (conclusion).
🎯 Direction: Long
⚡ Entry: 2160.00 - 2170.00
🛑 Stop Loss: 2106.65
🚀 Targets: 2390.92 / 2504.63
🛡 Strategy: Cut position in half at target 1, lock in breakeven.