【$ETH Signal】1H Oversold Rebound Play, Sniping the Lower Edge of the 4H Downtrend Channel
$ETH The 1H timeframe is oscillating narrowly between 1810-1835, with RSI at 32.22 indicating oversold conditions. The 4H timeframe is in a clear downtrend channel, and the current price is testing the channel’s lower support. Open interest remains stable, and negative funding rates suggest a bearish dominance, but the price has not made a new low, presenting a short-term rebound opportunity. Volatility equals profit; we are targeting this rebound.
🚀Target 2: 1875.00 (Reason: Previous small platform resistance on the 4H timeframe)
🛡️Trade Management:
- Position Size Recommendation: Light (Reason: The 4H main trend is still downward; this is a counter-trend rebound play)
- Execution Strategy: Once the price reaches Target 1, move the stop loss to the entry price. For the remaining position, look toward Target 2. If the price encounters resistance near Target 1 and falls back below the entry price, exit all positions.
Deep Logic: The order book shows a large sell order at 1823.73 (172.7 ETH), creating direct resistance. However, the 1H RSI is oversold, and the price is supported by the lower boundary of the 4H channel, indicating short-term weakening of the bears. Open interest remains stable without panic liquidations, and the market is waiting for direction. If the price can volume-break through the 1827-1830 zone (1H EMA20 and order book resistance), it will confirm the start of a rebound.
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【$ETH Signal】1H Oversold Rebound Play, Sniping the Lower Edge of the 4H Downtrend Channel
$ETH The 1H timeframe is oscillating narrowly between 1810-1835, with RSI at 32.22 indicating oversold conditions. The 4H timeframe is in a clear downtrend channel, and the current price is testing the channel’s lower support. Open interest remains stable, and negative funding rates suggest a bearish dominance, but the price has not made a new low, presenting a short-term rebound opportunity. Volatility equals profit; we are targeting this rebound.
🎯Direction: Long (Long)
🎯Entry/Order: 1820.00 - 1825.00 (Reason: 1H oscillation lower boundary, 4H downtrend channel support zone)
🛑Stop Loss: 1805.00 (Reason: Break below recent 1H low of 1810, with a buffer for ATR)
🚀Target 1: 1850.00 (Reason: 1H EMA20 resistance and recent oscillation upper boundary)
🚀Target 2: 1875.00 (Reason: Previous small platform resistance on the 4H timeframe)
🛡️Trade Management:
- Position Size Recommendation: Light (Reason: The 4H main trend is still downward; this is a counter-trend rebound play)
- Execution Strategy: Once the price reaches Target 1, move the stop loss to the entry price. For the remaining position, look toward Target 2. If the price encounters resistance near Target 1 and falls back below the entry price, exit all positions.
Deep Logic: The order book shows a large sell order at 1823.73 (172.7 ETH), creating direct resistance. However, the 1H RSI is oversold, and the price is supported by the lower boundary of the 4H channel, indicating short-term weakening of the bears. Open interest remains stable without panic liquidations, and the market is waiting for direction. If the price can volume-break through the 1827-1830 zone (1H EMA20 and order book resistance), it will confirm the start of a rebound.
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