【$ETH Signal】Pullback to go long! 1H pullback to EMA20 confirms support, main force clearly protecting the market

$ETH The 1H timeframe has experienced a strong rally and is now in a healthy pullback and consolidation phase. The price has stabilized above all key moving averages on the 4H timeframe, indicating an upward trend. The RSI on the 1H chart has fallen from overbought levels to a healthy zone, and the current price is pulling back to the 1-hour EMA20 (around 2006.5) to seek support. This presents a classic entry opportunity in a strong market. Market depth data shows that although buy-side depth is temporarily imbalanced, open interest remains stable, indicating that the main force has not exited but is instead rotating positions and defending the market at this level. Coupled with healthy funding rates, this pullback is an excellent short-term sniper entry point.

🎯Direction: Long

⚡Entry/Order: 1991.73 - 1996.54 staggered entries

🛑Stop Loss: 1991.73

🚀Target 1: 2006.16

🚀Target 2: 2010.96

🛡️Trading Management:

- Execution Strategy: After reaching Target 1, reduce position by 50%, and move the remaining stop loss up to the entry price. If the price strongly breaks through Target 2, move the remaining stop loss to hold for greater gains.

(Depth Logic: The 4-hour candlestick has closed bullish consecutively, breaking above the recent consolidation upper boundary, establishing a bullish structure. The 1-hour level has gained initial support at EMA20, and RSI has not entered overbought territory, leaving room for further upward movement. Market logic suggests that rising prices with stable positions indicate a main force-driven rally rather than a simple short squeeze, and subsequent momentum can be expected. The 1990-1995 zone below provides strong support, also coinciding with the 4-hour EMA50, offering solid defense. )

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