$ETH Signal】Pullback to buy, 1H breakout confirmation


$ETH The 1H timeframe price has already broken above the upper Bollinger Band, with MACD histogram expanding strongly, and buying depth forming a gap around 2147. The 4H MACD has a golden cross with continuous volume increase, position holdings are stable, and funding rates are moderate. This rally is not solely driven by funding rates.

🎯Direction: Long

⚡Entry/Order: 2097.89 - 2104.23

🛑Stop Loss: 2104.23

🚀Target 1: 2172.54

🚀Target 2: 2195.86

🛡️Trade Management:
- Execution Strategy: Reduce 50% of the position after reaching Target 1, and move the stop loss to break-even. If the price falls back to the entry level, automatically exit to protect capital.

The 1H RSI is around 64, not overbought, leaving room for upward movement. Market data shows that sell orders above 2150 are sparse, indicating less resistance to break through. The 4H candlestick closes above the previous high, with bulls actively attacking. The current risk-reward ratio is close to 4:1, making it worthwhile to position for a pullback.

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