【$ETH Signal】1H level pullback confirmation, ambush rebound to squeeze shorts
$ETH The 1H level is consolidating strongly above EMA20 (1949), with the price quickly bouncing from a low of 1934, forming a long lower shadow, indicating strong buying pressure below. Although the 4H level is in a downtrend channel, open interest remains stable and the funding rate is negative, suggesting a short-term rebound opportunity from short squeezing. The current price is oscillating around 1955, waiting for confirmation of direction.
🎯Direction: Long (Long)
🎯Entry/Order: 1952 - 1955 (Reason: 1H EMA20 support zone, dense area of the previous hour's candlestick bodies)
🛑Stop loss: 1933 (Reason: Break below the previous 1H low of 1928.5 and ATR lower band)
🚀Target 1: 1975 (Reason: Recent high resistance on the 4H level)
🚀Target 2: 1990 (Reason: 4H EMA50 moving average resistance)
🛡️Trade management:
- Position suggestion: Light position (Reason: The 4H trend has not fully turned bullish yet, indicating a contrarian rebound play)
- Execution strategy: After reaching Target 1, reduce position by 50% and move stop loss to entry price. Hold the remaining position for Target 2. If the price stalls around 1955 for more than 2 one-hour candles, consider exiting early.
Deep logic: Market depth data shows a large sell order at 1954.75 (112.76 ETH), creating short-term resistance. However, buy orders below are densely stacked, with a depth imbalance of -79.11%, indicating that major players may be accumulating to defend the price. The 1H RSI (52.21) is in a neutral to slightly bullish zone, with room to rise. Combined with negative funding rates and stable open interest, if the price can break through the 1955-1960 resistance zone, it may trigger short stop-losses and lead to a rapid rebound.
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【$ETH Signal】1H level pullback confirmation, ambush rebound to squeeze shorts
$ETH The 1H level is consolidating strongly above EMA20 (1949), with the price quickly bouncing from a low of 1934, forming a long lower shadow, indicating strong buying pressure below. Although the 4H level is in a downtrend channel, open interest remains stable and the funding rate is negative, suggesting a short-term rebound opportunity from short squeezing. The current price is oscillating around 1955, waiting for confirmation of direction.
🎯Direction: Long (Long)
🎯Entry/Order: 1952 - 1955 (Reason: 1H EMA20 support zone, dense area of the previous hour's candlestick bodies)
🛑Stop loss: 1933 (Reason: Break below the previous 1H low of 1928.5 and ATR lower band)
🚀Target 1: 1975 (Reason: Recent high resistance on the 4H level)
🚀Target 2: 1990 (Reason: 4H EMA50 moving average resistance)
🛡️Trade management:
- Position suggestion: Light position (Reason: The 4H trend has not fully turned bullish yet, indicating a contrarian rebound play)
- Execution strategy: After reaching Target 1, reduce position by 50% and move stop loss to entry price. Hold the remaining position for Target 2. If the price stalls around 1955 for more than 2 one-hour candles, consider exiting early.
Deep logic: Market depth data shows a large sell order at 1954.75 (112.76 ETH), creating short-term resistance. However, buy orders below are densely stacked, with a depth imbalance of -79.11%, indicating that major players may be accumulating to defend the price. The 1H RSI (52.21) is in a neutral to slightly bullish zone, with room to rise. Combined with negative funding rates and stable open interest, if the price can break through the 1955-1960 resistance zone, it may trigger short stop-losses and lead to a rapid rebound.
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