【$ETH Signal】Pullback to go long, 4H Bollinger middle band supports funds

$ETH On the 1H timeframe, repeatedly testing near EMA20, 4H Bollinger middle band at 2305 shows excellent buy-side depth, with 78% order book imbalance indicating strong willingness to support from below.
Although the bullish momentum on the 1H MACD is shrinking, the 4H level remains strong, and negative funding rates provide natural fuel for short squeeze.

Price pulls back to the 2318-2342 zone to go long directly, and can be gradually positioned near the current price.

🛑Stop-loss must be placed below 2243; a breakdown would break the bullish structure.

🚀First target is 2470, which is the resonance pressure zone between the 4H Bollinger upper band and previous high.

🚀Second target is 2545; after breaking through, the space above will be fully open.

🛡️Trading management:
- Execution strategy: After reaching 2470, halve the position, and move the remaining stop-loss up to the entry price. If the price fails to hold above 2340 and drops again, consider exiting early and observing.

Current position volume remains stable, and in a negative fee environment, short positions' costs continue to rise.
On the 1H timeframe, trading volume did not significantly increase during the pullback, indicating limited selling pressure.
The EMA50 on the 4H chart nearly coincides with the Bollinger middle band, forming a solid support zone.
This risk-reward ratio is appropriate at this position, making it worthwhile to take a limited risk to attempt an upward impulse.

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