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【$ETHUSDT Signal】Short squeeze retracement, bulls accumulating strength
$ETHUSDT price broke through previous highs on the daily chart, then contracted volume and pulled back on the 1-hour timeframe. Key phenomenon: buy orders did not collapse during the retracement; the latest 1-hour candle shows buy order dominance rising to 63%, indicating strong support willingness below. Combined with positive funding rates and stable open interest that has not decreased, this is a healthy correction within a typical bullish trend, with weak bearish pressure and an intact short squeeze structure.
🎯 Direction: Long
⚡ Entry: 2250.00 - 2260.00
🛑 Stop Loss: 2233.00
🚀 Targets: 2287.36 / 2335.58
🛡 Strategy: At Target 1, halve the position, move the remaining position to breakeven, and aim for higher targets.
View live chart 👇 $ETHUSDT
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