【$ETH Signal】Pullback to buy, MACD golden cross gathering strength

$ETH On the 1H timeframe, repeatedly testing near the middle Bollinger Band, buying depth clearly exceeds selling, but active buying willingness is temporarily weak. The 4H MACD bullish crossover structure remains intact, and the price consistently stays above the EMA20, which is the foundation of the bullish trend. The current risk-reward ratio exceeds 1.3, which is within an acceptable range.

🎯Direction: Long

⚡Entry/Order: Range between 2214.27 - 2232.14, layered entries

🛑Stop loss: 2150.97

🚀Target 1: 2340.87

🚀Target 2: 2404.17

🛡️Trade management:
- Execution strategy: After the price hits Target 1, reduce position by half, and move the remaining stop loss up to the entry price. If the price cannot hold above 2232 and falls back again, consider exiting early.

Order book data shows a sell wall of 75 ETH at 2237.75, but buy orders are more concentrated between 2237.6 and 2237.7, indicating clear support. The 1-hour RSI is at a neutral 52.98, leaving room for further upward movement. Open interest remains stable, with a slight negative funding rate, and no significant bearish pressure, creating a favorable environment for bulls to gather strength for another push.

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