【$ETH Signal】1H strong consolidation, buy on dip, sniper short squeeze trend
$ETH The 1H timeframe is consolidating strongly above the EMA20, with the price refusing deep retracement. The 4H timeframe has formed a large bullish candle breakout, indicating a trend reversal to bullish. Currently, the 1H RSI(68.6) is healthy, buy volume depth (bid_ask_ratio_depth: 1.08) is dominant, and open interest remains stable, showing bullish control. This is a typical strong consolidation after a breakout, waiting for a second upward push.
🎯Direction: Long (Long)
🎯Entry/Order: $2048 - $2052 (Reason: 1H EMA20 dynamic support zone and recent small platform high point)
🚀Target 1: $2085 (Reason: Previous high resistance level)
🚀Target 2: $2120 (Reason: 0.618 Fibonacci retracement of the previous 4H downtrend)
🛡️Trade Management:
- Position size suggestion: Standard position (Reason: 4H and 1H trend resonance, risk-reward ratio >1.5)
- Execution strategy: After price reaches $2085, reduce position by 50% and move stop loss to entry price $2052. Remaining position aims for $2120 target; if the 1H close drops below EMA20, exit all.
Depth logic: Market logic indicates upward movement; combined with stable open interest, it appears to be driven by bullish main force rather than mere short covering. The 1H buy volume is substantial, with dense buy orders below $2050 providing support. The 4H has stabilized above EMA20, and MACD is expected to form a golden cross above zero. Funding rate is only 0.0014%, indicating no overheating risk, leaving room for healthy upward movement.
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【$ETH Signal】1H strong consolidation, buy on dip, sniper short squeeze trend
$ETH The 1H timeframe is consolidating strongly above the EMA20, with the price refusing deep retracement. The 4H timeframe has formed a large bullish candle breakout, indicating a trend reversal to bullish. Currently, the 1H RSI(68.6) is healthy, buy volume depth (bid_ask_ratio_depth: 1.08) is dominant, and open interest remains stable, showing bullish control. This is a typical strong consolidation after a breakout, waiting for a second upward push.
🎯Direction: Long (Long)
🎯Entry/Order: $2048 - $2052 (Reason: 1H EMA20 dynamic support zone and recent small platform high point)
🛑Stop Loss: $2035 (Reason: Break below 1H consolidation platform low and ATR lower band)
🚀Target 1: $2085 (Reason: Previous high resistance level)
🚀Target 2: $2120 (Reason: 0.618 Fibonacci retracement of the previous 4H downtrend)
🛡️Trade Management:
- Position size suggestion: Standard position (Reason: 4H and 1H trend resonance, risk-reward ratio >1.5)
- Execution strategy: After price reaches $2085, reduce position by 50% and move stop loss to entry price $2052. Remaining position aims for $2120 target; if the 1H close drops below EMA20, exit all.
Depth logic: Market logic indicates upward movement; combined with stable open interest, it appears to be driven by bullish main force rather than mere short covering. The 1H buy volume is substantial, with dense buy orders below $2050 providing support. The 4H has stabilized above EMA20, and MACD is expected to form a golden cross above zero. Funding rate is only 0.0014%, indicating no overheating risk, leaving room for healthy upward movement.
Trade here 👇 $ETH
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