【$ETH Signal】Strong breakout and pullback, targeting the 4H major upward wave

$ETH The 1H timeframe has experienced a massive rally and is now consolidating at high levels, with the price staying close above the EMA20 (around 2084). This is a typical strong consolidation pattern. The 4H chart shows a volume breakout from the previous consolidation zone, forming a clear upward trend. Stable open interest indicates that funds are not leaving the market, a clear sign of main force support. Although the current price is far from the 1H moving average, the order book depth is substantial on the buy side, providing strong support for a pullback.

🎯Direction: Long (buy on pullback)

⚡Entry/Order: 2043.2 - 2089.1

🛑Stop Loss: 1995.0

🚀Target 1: 2250.0

🚀Target 2: 2350.0

🛡️Trade Management:

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

Order Book Logic: Over the past 4 hours, the price has broken out with significantly increased volume, indicating main force entry. Although the 1H RSI is high, there is no bearish divergence, and momentum remains strong. The order book shows dense buy orders, with an imbalance favoring buyers, and strong support below. Combined with stable open interest and positive funding rates, market sentiment is bullish. This 4H trend is likely to continue.

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