【$ETH Signal】Pullback Buy Opportunity! 1H Retest Confirmed, Clear Signs of Major Support

$ETH At the 1H level, ( found support near the EMA20, with price bouncing strongly from the 2080 zone, forming a clear V-shaped reversal structure. Although the 4H level is consolidating, open interest remains stable, and the price decline has not triggered panic selling, suggesting major support. The 1-hour RSI has now recovered from oversold levels to healthy territory, with thick buy depth around 2100 providing fuel for the short-term bounce.

🎯Direction: Long

⚡Entry/Pending Orders: 2091.09 - 2097.98

🛑Stop Loss: 2091.09

🚀Target 1: 2111.76

🚀Target 2: 2118.64

🛡️Trade Management:
- Execution Strategy: Once price reaches Target 1, reduce position by 50% to lock in profits and move the stop loss of remaining position up to entry price. If price fails to hold in the entry zone and breaks below the stop loss, exit decisively.

) In-Depth Logic: Market signals suggest price decline but stable open interest, which looks more like wash-out after long liquidation rather than major distribution. The 1-hour chart shows concentrated buy pressure flowing in around the 2080-2090 zone, forming strong support. Additionally, funding rates are negative, lowering the cost of holding longs, and combined with stable OI, this creates a low-risk bounce trading opportunity. $ETH

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