【$ETH Signal】Pullback to buy, 4H Bollinger middle band provides strong support

$ETH 1H level buy order depth imbalance -27%, active selling pressure dominates, price is continuously suppressed below EMA20. The 4H Bollinger middle band around 2268 forms a critical defensive line, MACD histogram is shrinking but the overall trend remains intact.

If the price pulls back to the 2294-2324 range, buying strength will emerge below.

⚡Entry: Buy in batches within the 2294.11 - 2324.03 range.

🛑Stop loss: 2221.94, invalidates the logic if it falls below the 4H middle band support.

🚀Target 1: 2438.46, test the previous high area.

🚀Target 2: 2510.63, extension space after breaking the previous high.

🛡️Trade management: - Execute strategy: after reaching Target 1, halve the position, and move the remaining stop loss up to the entry price. If the price cannot hold above 2324, consider exiting early.

The 1-hour MACD has not yet formed a bullish crossover, indicating bearish momentum is still being released. But the 4-hour trend remains upward, with support coinciding with the EMA50, clearly aiming to support the bottom. The current risk-reward ratio is acceptable; the key is whether the price can form a clear reversal candle at the support zone. Funding rates are neutral, with no extreme short squeeze or distribution signals, indicating a healthy trend correction.

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