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【$ETH Signal】Pullback to go long, 1H level charging up and ready to launch
$ETH The 1H level price is oscillating narrowly between EMA20 and EMA50, Bollinger Band upper band at 2378 forms short-term resistance, but the 4H MACD still maintains a golden cross, and the trend is not bad.
Order book buy depth is 11.22% better than sell orders, with clear willingness to buy below.
Price can directly go long if it pulls back to the 2319-2348 range.
🛑 Stop loss must be placed below 2243.
🚀 The first target is around 2470.
🚀 The second target is around 2546.
🛡️ Trading management:
- Execution strategy: After the price reaches 2470, halve the position, and move the remaining stop loss up to the entry price. If the price cannot hold above 2348 and weakens, actively exit.
Current negative funding rate combined with stable open interest favors longs, as shorts pay fees.
Although the 1-hour MACD histogram is shrinking, the fast and slow lines are still above zero, indicating normal consolidation during an upward trend.
The 4-hour price remains firmly above the middle band, and the bullish pattern continues. This pullback is an opportunity, not a trend reversal.
Check real-time market 👇 $ETH
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