【$ETH Signal】Pullback to go long, 1H level funds support

$ETH After forming a clear low near 2173 on the 1H level, buying depth instantly thickens, and the funds' support intention is fully exposed. The lower band of the 4H Bollinger Bands at 2157 provides strong support, and the current price repeatedly tests near the 1H midline. The MACD histogram has turned red below the zero line for the first time, indicating weakening bearish momentum.

🎯Direction: Long

⚡Entry/Order: Enter in batches within the 2174.75 - 2217.77 range

🛑Stop loss: 2157.31

🚀Target 1: 2338.69

🚀Target 2: 2399.15

🛡️Trade management: - Execution strategy: Reduce 50% of the position after reaching Target 1, and move the stop loss to breakeven. If the price falls back into the entry zone, automatically exit to protect capital.

Market data shows dense orders below 2210, quickly absorbing selling pressure. The 4H position volume remains stable, and negative funding rates have not triggered panic selling but instead created a short squeeze condition. The 1H RSI has pulled back from oversold territory, forming a bullish divergence with the price, combined with an imbalance in buy order depth. This position offers a sufficiently attractive risk-reward ratio.

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