$ETH Signal】Pullback to go long / 1H level accumulation


$ETH The 1H level price is consolidating below the Bollinger upper band, with buy order depth accounting for 85%, but the buy volume on the hourly chart has pulled back from high levels, indicating a temporary pause in active buying strength. The 4H MACD red bars have shortened, showing that bullish momentum is converging, but the EMA50 and EMA20 form a dense support zone around 2320-2340. Negative funding rates suggest a weak short squeeze expectation.

If the price pulls back to around 2335, consider going long, with a stop loss at 2239. The first target is 2465, and the second target is 2540.

After reaching the first target, halve the position, and move the remaining stop loss up to the breakeven point. The risk-reward ratio of this trade is slightly greater than 1, representing a defensive counterattack setup. The key is whether the price can find effective support within the dense moving average zone and resume volume.

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