ETH Signal:-

$ETH

1H breakout and pullback, bulls gathering strength

$ETH The 1H price stays close to the upper Bollinger Band, 4H MACD histogram expands strongly, but 1H MACD momentum begins to converge.

Order book depth imbalance -68.92%, sparse sell orders, buy orders continuously consuming resistance above.

🎯Direction: Pullback to go long

⚡Entry/Order: Price pulls back to 2380-2395 zone, enter in batches

🛑Stop loss: 2313.61 ☆☆☆(or adjust as per your loss bearing capacity)☆☆☆

🚀Target 1: 2433.17

🚀Target 2: 2473.03

🛡️Trade management:

- Execution strategy: Half position at Target 1, move remaining stop loss to entry price.

If price cannot hold above the 2400 level, actively exit and observe.

Current funding rate is 0.008%, still healthy, no signs of extreme short squeeze.

1-hour volume shrinks after price rally, indicating a healthy pullback.

4-hour EMA20 and EMA50 are in a bullish alignment, with dense support around 2350.

Risk-reward ratio close to 1:2, this setup is worth trying.