【$ETH Signal】Pullback to go long! 1H pullback confirmation, 4H trend support, clear signs of main force defending the market

$ETH The 1H timeframe is strongly consolidating above the EMA20 (2049.4), just completed a pullback confirmation to EMA20. The 4H timeframe has stabilized above EMA20 (1973.8) and broken through the downward trendline, indicating a mid-term trend reversal. After a significant rally yesterday, the price is currently consolidating healthily, open interest remains stable, and the main force’s intention to defend the market is clear. This is an excellent short-term long entry opportunity.

🎯Direction: Long (Long)

🎯Entry/Order: 2060 - 2065 (Reason: 1H EMA20 support zone, also the lower boundary of the current consolidation range )

🛑Stop Loss: 2035 (Reason: Break below the 1H previous low and key 4H EMA20 support )

🚀Target 1: 2095 (Reason: Yesterday’s 4H high resistance )

🚀Target 2: 2130 (Reason: Fibonacci 0.618 retracement of the previous decline )

🛡️Trade Management:

- Position size suggestion: Standard position (Reason: 1H and 4H trend resonance, risk-reward ratio >1.5 )

- Execution strategy: When price reaches 2095, reduce position by 50% and move stop loss to entry price. Hold remaining position for the 2130 target, and if price retraces into the entry zone, strictly execute the stop loss.

Deep logic: After yesterday’s sharp rally, there was no significant pullback. Open interest remains stable, indicating that bullish funds have not exited. The 1H RSI (61) is in a healthy zone with room for further upside. Market depth shows buy orders accumulating in the 2060-2064 range (depth imbalance -35.4%), forming short-term support. Combining the breakout of the downward trendline on the 4H timeframe, this position presents a low-risk, high-reward trend-following long opportunity.

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