$ETH Signal】Pullback to Long + 1H Rebound at EMA50 Support, Clear Signs of Main Force Protecting the Market



$ETH The 1H timeframe is currently testing the key EMA50 support. The price remains firm above 2100. Although the 4H timeframe is in a high-level consolidation, the open interest remains stable. In a negative funding rate environment, the price does not decline, indicating a typical short squeeze buildup. The 1H RSI has fallen from overbought territory to neutral, preparing for another upward move. The order book shows a large sell wall at the top, but buy orders are stacked deeply below, clearly indicating main force support.

🎯Direction: Long

⚡Entry/Order: 2066 - 2103

🛑Stop Loss: 2045

🚀Target 1: 2150

🚀Target 2: 2195

🛡️Trade Management:

- Execution Strategy: Reduce 50% of the position after reaching Target 1, and move the stop loss to the entry price. Use a trailing stop to aim for Target 2. If the price retraces and falls below the entry average price, exit unconditionally.

Depth Logic: Over the past 24 hours, the price has surged by 4.3%, but open interest has not decreased, indicating that new funds are genuine buying. Currently, the funding rate is negative, but the price refuses to dip sharply. Short positions have high passive holding costs, posing a risk of a short squeeze. The EMA50 around 2066 on the 1H chart and the EMA20 on the 4H chart form a resonance support zone, serving as an excellent bullish defense line. The 1H RSI is supported at the 50 midline, indicating healthy momentum.

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It'sAllAboutTheWayBackvip
· 2h ago
Wishing you great wealth in the Year of the Horse 🐴
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It'sAllAboutTheWayBackvip
· 2h ago
Happy New Year 🧨
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