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【$ETH Signal】Pullbacks to go long; 1H-level funds clearly underpin the move
$ETH 4H-level Bollinger Band lower band around 2155 forms strong support. The 1H price is oscillating narrowly between 2210-2220. Buy-side depth is stacked below 2213, and the sell pressure is quickly absorbed. MACD on the 1H timeframe: the histogram bars contract, and bearish momentum weakens.
🎯 Direction: Long
⚡ Entry/Place orders: Buy in batches within the 2172.70 - 2219.64 range
🛑 Stop loss: 2155.29
🚀 Target 1: 2348.34
🚀 Target 2: 2412.70
🛡️ Trade management:
- Execution strategy: After reaching Target 1, reduce positions by 50% and move the stop loss up to the break-even level. If the price drops back into the entry zone, you will automatically exit to protect principal.
Order book depth shows dense limit orders below 2213, fully exposing the intention of funds to support the market. In a negative funding-rate environment, open interest remains stable, and the risk of a short squeeze is building up. The 1-hour RSI is 37.78, and the price has not further dipped; this type of divergence usually signals short-term sell pressure exhaustion. The risk-reward ratio is 2:1, making this concealed setup’s odds worth trying.
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