【$ETH Signal】1H pullback confirmation, sniper for second surge

$ETH The 1H timeframe has experienced a significant rally and is now undergoing a healthy pullback, with the price finding initial support above the EMA20 (2008.9). A legendary bullish candle on the 4H chart confirms a reversal, currently in a strong consolidation phase. Stable open interest indicates that funds have not exited, presenting an excellent opportunity for a second entry.

🎯Direction: Long (Long)

🎯Entry/Order: 2050 - 2055 (Reason: 1H EMA20 support zone, previous hour's low)

🛑Stop Loss: 2030 (Reason: Break below 1H key support, ATR lower band)

🚀Target 1: 2100 (Reason: Previous high resistance)

🚀Target 2: 2150 (Reason: 1H previous high and Fibonacci 0.786 extension level)

🛡️Trade Management:

- Position Size Recommendation: Standard position (Reason: 4H trend established, 1H structure clear)

- Execution Strategy: After the price reaches 2100, reduce position by 50% and move the stop loss to the entry price. The remaining position aims for the 2150 target. If the price pulls back to the entry zone and breaks below EMA20, exit immediately.

Deep Logic: The 4H timeframe shows a daily increase of over 11%, with trading volume surging, indicating a clear signal of main capital entering. The 1H RSI (69.2) has retreated from overbought territory, preparing for another rally. Market depth shows sell orders stacking above 2054.73 (27.48 ETH), but buy orders are concentrated in the 2050-2055 range, forming a support platform. Open interest remains stable at 1.9 million, not decreasing with price retracement, indicating strong bullish positions and ongoing short squeeze risk.

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