【$ETH Signal】Pullback to add long positions, 1H level oversold correction

$ETH The 1H level price has broken below the lower Bollinger Band, RSI has dropped to 32, indicating a clear short-term oversold signal. The 4-hour MACD bearish momentum is still expanding, but the 1-hour histogram has started to narrow, indicating fading downward momentum. The order book around 2039.6 is very thick, with over 27 ETH, revealing an intent to support the price.

🎯Direction: Long

⚡Entry/Order: Enter in batches around 2021 - 2025

🛑Stop Loss: 1985

🚀Target 1: 2189

🚀Target 2: 2271

🛡️Trade Management:
- Execution Strategy: After reaching the first target, halve the position; move the remaining stop loss up to the entry price. If the price cannot hold above 2050, consider exiting early.

Maintain stable position size. The price has declined but has not triggered a large liquidation; market selling pressure mainly comes from short-term profit-taking. In a negative funding rate environment, the risk of short squeeze is accumulating. The 1-hour candlestick near 2040 shows a long lower shadow, indicating active buying at this level. The risk-reward ratio exceeds 4, making this a good opportunity to gamble on a rebound from oversold conditions with limited risk.

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