【$ETH Signal】Pullback to go long! 1H oversold divergence + 4H strong support zone, clear signs of main force defending the market

$ETH The 1H timeframe has entered an extremely oversold area, with RSI dropping to 21.48, indicating a strong technical rebound demand. The 4H price has fallen near the previous dense trading zone (1950-1960), and open interest remains stable, with no signs of panic selling, suggesting that the main force may be supporting the market. Currently, negative funding rates are increasing the risk of a short squeeze.

🎯Direction: Long (buy on pullback)

⚡Entry/Order: 1909.78 - 1944.94

🛑Stop Loss: 1890.00

🚀Target 1: 2020.00

🚀Target 2: 2080.00

🛡️Trading Management:

- Execution Strategy: After reaching Target 1, reduce position by 50% and move the stop loss up to the entry price. Hold the remaining position to aim for Target 2. If the price pulls back and breaks below the trailing stop, exit all positions.

(Depth Logic: The 1-hour RSI shows a serious bullish divergence, and rebound momentum is building. Despite the price decline, open interest remains stable, which is not typical of main force unloading, but rather a long leverage wipeout. The order book shows a large sell wall at level one, but buy orders below are still substantial. Once the sell wall is eaten through, the rebound could accelerate quickly. Coupled with negative funding rates, short squeeze potential is a key catalyst. )

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