$ETH Signal】Long - 1H pullback confirmation, main force clearly intends to support the market



$ETH The 1H timeframe has experienced a strong rally in the early session and is currently in a healthy retracement and consolidation phase. The price is supported near the 1-hour EMA20 and forming a high-level flag pattern. The 4H timeframe has confirmed a breakout of the previous consolidation zone, indicating an upward trend. Open interest remains stable, combined with substantial buy-side depth, showing that the main capital has not exited the market but is actively supporting the price at this level, preparing for the next surge.

🎯Direction: Long

⚡Entry/Order: 2005.00 - 2020.00

🛑Stop Loss: 1975.00

🚀Target 1: 2090.00

🚀Target 2: 2150.00

🛡️Trade Management:

- Execution Strategy: After reaching Target 1, reduce position by 50% to lock in profits, and move the remaining position’s stop loss up to the entry price. If the price strongly breaks through Target 1 and stabilizes, move the remaining stop loss above Target 1 to aim for Target 2.

Depth Logic: Currently, the 1-hour RSI is at 67, indicating healthy momentum without entering overbought territory. Market depth shows a large number of buy orders below 2063, forming a solid support. The 4-hour candlestick has closed positively in succession, accompanied by increased volume, which is a typical trend initiation signal. Although the price has moved far from the 4-hour EMA50, the retracement structure on the 1-hour chart provides an excellent second entry opportunity. The market logic suggests that rising prices with stable holdings resemble main force entry rather than mere short covering, with a strong bullish outlook.

View real-time quotes 👇 $ETH

---

Follow me: Get more real-time analysis and insights on the crypto market! $BTC $ETH $SOL
#我在Gate广场过新年 #加密市场上涨
ETH9.45%
BTC7.43%
SOL9.65%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)