#Gate蓝龙虾重磅上线 【$ETH Signal】Pullback to go long! 1H retest of EMA50 confirmed, main force's intention to defend the market is obvious

$ETH After experiencing a rapid surge, the 1H timeframe is currently undergoing a healthy correction. The price has now approached the key support at 1-hour EMA50. The 4-hour chart just closed with a volume-increasing bullish candle, confirming an upward breakout from the consolidation zone, and the trend has shifted to bullish. Although the current price has slightly declined, the open interest remains stable, indicating it’s not main force distribution but rather a shakeout after a long position liquidation. Market depth data shows strong buy-side support with substantial order volume below.

🎯 Direction: Long

⚡ Entry/Order: 2029.97 - 2032.72

🛑 Stop Loss: 2029.97

🚀 Target 1: 2043.74

🚀 Target 2: 2049.26

🛡️ Trading Management:

- Execution Strategy: After reaching the first target at 2043.74, reduce position by 50%, and move the stop loss of the remaining position up to the entry price. If the price strongly breaks through the second target, consider holding part of the position to seek greater gains.

Depth Logic: Over the past 4 hours, the price volume broke through the previous consolidation upper boundary, which is a clear sign of strength. Currently, the 1-hour RSI has retreated from high levels to a healthy zone, preparing for another upward move. Most importantly, during the price correction, open interest did not decline, indicating funds are not leaving the market, and the main force’s intention to defend is strong. Combined with the advantage of market depth, this is a high-probability long opportunity on a pullback.

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