$ETH Signal】1H timeframe stabilizing rebound, watch for key resistance breakout



$ETH The 1H timeframe is oscillating within the 1940-1950 range, with prices closely testing the 1H EMA20 (1946.87) repeatedly. The 4H timeframe remains in a downtrend, but the latest 4H candlestick shows a lower shadow, indicating buying support in the 1900-1910 area. Currently, prices are declining but open interest remains stable, suggesting not a main force distribution but rather a liquidation after a bullish blow-up. The 1H RSI (48.08) is in a neutral to slightly weak zone, leaving room for a rebound correction.

🎯Direction: Long (Long)

🎯Entry/Order: 1945.00 - 1948.00 (Reason: 1H EMA20 dynamic support zone, price repeatedly tests but does not break below )

🛑Stop loss: 1932.00 (Reason: Break below the 1H consolidation lower boundary and previous low at 1933.68, ATR-based stop loss )

🚀Target 1: 1965.00 (Reason: 1H previous high resistance and initial pressure level at 4H EMA20 )

🚀Target 2: 1985.00 (Reason: Previous high on 4H timeframe and Fibonacci 0.382 retracement level )

🛡Trade management:

- Position size suggestion: Light (Reason: 4H trend has not clearly reversed, representing a left-side game of small countertrend against the larger trend )

- Execution strategy: After reaching Target 1, move stop loss up to entry price 1948. For remaining positions, look toward Target 2. If the price faces resistance near 1965 and a bearish divergence appears on 1H, consider taking profit early.

Deep logic: Order book data shows a large sell order at (1946.68) with 122.51 ETH, forming short-term resistance. However, buy orders below are layered deeply, indicating funds are defending around 1946. Funding rate is negative (-0.0046%), combined with stabilization of price, suggesting a short squeeze rebound possibility. If the 1H can hold above 1950 within the next two candles, it will confirm a short-term bottom, attracting more bullish funds.

View real-time quotes 👇 (
---

Follow me: Get more real-time analysis and insights on the crypto market! )$ETH
$BTC
ETH0,35%
BTC1,15%
SOL3,36%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)