【$ETH Signal】1H level Bollinger lower band battle, bearish momentum exhausting

$ETH 1H level price stays tightly attached to the Bollinger lower band at 2300.5. After three consecutive candlesticks, it fails to effectively break through, and buy-side support begins to show up below. The 4H MACD histogram remains in negative territory while the bars keep shrinking, indicating bearish strength is weakening. Order book data shows buy-side depth share at 19.82%, and the active sell pressure is absorbed very quickly.

🎯Direction: Pullback to go long

⚡Entry/Order: 2296.90 - 2305.00 range, lay in/standby with limit orders in batches

🛑Stop loss: 2364.58

🚀Target 1: 2238.04

🚀Target 2: 2195.86

🛡️Trade management: - Execution strategy: After price hits Target 1, cut the position in half; move the remaining stop loss up to the entry price. If the price rebounds without strength and then falls back below the lower edge of the entry zone again, consider exiting early.

With the current negative funding rate supporting a stable amount of open positions, short-term bears are not strongly motivated to squeeze. The 1-hour RSI is hovering around 47, moving sideways and not dropping alongside fresh price lows, suggesting slight bullish divergence. The 4-hour Bollinger lower band near 2272 is a strong support zone, with a suitable risk-reward ratio. In this kind of spot where traders are contesting a rebound, risk is controllable.

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