【$ETH Signal】Pullback to EMA20, long position setup

$ETH 1H timeframe with decreasing volume pullback to EMA20, price repeatedly tests around 2024. The middle band of the 4H Bollinger Bands at 2014 forms a key support. The MACD histogram on the 1H timeframe shows narrowing negative values, indicating weakening bearish momentum. Market data shows heavy buy orders from July 2023 to June 2023, with clear intent to support the price.

🎯Direction: Long

⚡Entry/Order: Enter in batches around 2007 - 2011

🛑Stop-loss: Below 1973

🚀Target 1: 2160

🚀Target 2: 2235

🛡️Trade Management:
- Execution strategy: After reaching the first target, reduce half of the position, and move the stop-loss of the remaining position up to the entry price. If the price cannot hold above 2030, consider exiting early.

Position size remains stable, no signs of panic outflows. The 1-hour RSI stabilizes around 44, not entering oversold territory, leaving room for a rebound. The current risk-reward ratio is close to 4:1, with favorable odds. The 2012-2014 area below is a recent testing zone with high trading volume, making a breakdown difficult.

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