【$ETH Signal】1H Oversold Rebound + 4H Key Support Play, Sniping Short Squeeze

$ETH The 1H level formed a long lower shadow at 2034.35, and the price is attempting to recover the key resistance at 1H EMA20 (2069.7). The 4H level price just retested the EMA50 (2045.0) support area, forming multi-timeframe resonance support. Currently, the negative funding rate (-0.0015%) and stable OI indicate that the price decline was not accompanied by a surge in open interest, and conditions for a short squeeze are brewing.

🎯Direction: Long (Long)

🎯Entry/Order: 2062.0 - 2065.0 (Reason: 1H candlestick stabilizes above EMA20, retesting support )

🛑Stop Loss: 2030.0 (Reason: Break below 4H EMA50 and previous low at 2034.35, structure broken )

🚀Target 1: 2095.0 (Reason: 1H previous high resistance and 4H opening price )

🚀Target 2: 2120.0 (Reason: Extension above 4H previous high at 2107.02 )

🛡️Trade Management:

- Position suggestion: Light position (Reason: 4H trend remains volatile, this is a rebound play against the 4H small trend )

- Execution strategy: After reaching Target 1, move stop loss to entry price. For remaining position, look towards Target 2. If 1H candlestick shows stagnation or long upper shadow near 2090, consider closing early.

Depth logic: The order book shows buy depth abnormally concentrated in the 2059.7-2059.8 range (over 100 ETH accumulated), forming a hidden support wall. The 1H RSI (46.95) rebounded from oversold area, indicating potential for recovery. Key is whether the price can quickly break through and stabilize above 2070 (1H EMA20), which would confirm a short-term bullish return. A direct surge may indicate the start of a squeeze.

Trade here 👇 $ETH

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