$ETH Signal】Pullback to buy, 4H bottom with volume breakout


$ETH 1H level surge and pullback, but the buying support at the 4H level is fully exposed. The MACD histogram continues to shrink above the zero line, indicating that bullish momentum is temporarily slowing down. Market depth shows that above 2247.33, there are 239 sell orders stacking up, forming a short-term resistance wall, but below in the 2247.16 to 2247.15 range, there are over 20 buy orders densely supported, clearly showing capital support. In a negative fee environment, the price has not experienced panic selling; this divergence is worth noting.

🎯Direction: Long

⚡Entry/Order placement: Gradually accumulate in the 2195.01 - 2235.93 range

🛑Stop loss: 2135.67

🚀Target 1: 2313.69

🚀Target 2: 2373.03

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

The middle band of the 4H Bollinger Bands around 2199 forms a core support, resonating with EMA20 (2190). The previous 4-hour candle volume significantly increased, but the price closed at the upper end of the range, a typical pattern of accumulation followed by a testing move. Open interest remains stable and did not decline sharply with the price pullback, indicating good chip locking. The current risk-reward ratio is close to 1:2.3, making the odds favorable. Liquidity is usually weaker in the early weekend hours, so any retest of key support levels could be amplified, which is exactly when we are prepared to strike.

Check real-time quotes 👇 $ETH
---
Follow me: Get more real-time analysis and insights into the crypto market! $BTC $ETH $SOL
#Gate上线Pre-IPOs #Gate现货衍生品双双冲进全球前三 #原油小幅上涨
ETH1,47%
BTC1,04%
SOL0,86%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin