#Gate蓝龙虾重磅上线 【$ETH Signal】Pullback to buy! 1H oversold divergence, main force defending the market, aiming for a rebound!

$ETH The 1H timeframe has entered the oversold zone, with the price receiving initial support around 2005, and RSI showing signs of bullish divergence. Although the 4H timeframe is showing a sideways decline, open interest remains stable, with no signs of panic selling, and the funding rate is negative, indicating short-term excessive crowding among bears. Currently, the sell side at level one (2011.97) is stacked with large sell orders, but the buy depth below around 2011.8 is also substantial, indicating a fierce battle between bulls and bears. The 1H momentum is weakening, waiting for a clear rebound signal.

🎯Direction: Long (pullback orders)

⚡Entry/Order: 1990.82 - 1995.77

🛑Stop Loss: 1948.83

🚀Target 1: 2183.53

🚀Target 2: 2277.42

🛡️Trade Management:

- Execution Strategy: After the order is filled, if the price rebounds to Target 1, take profit on 50% of the position, and move the stop loss of the remaining position up to the entry price. If the price fails to rebound effectively and falls back into the entry zone, consider manually exiting and observing.

(Depth Logic: The price has fallen from the high of 2088, but open interest (OI) remains stable, which is not typical of main force unloading, but more like long leverage liquidation. The 1-hour RSI has dropped to 42.76, near recent lows, forming a divergence with the new price lows, indicating rebound momentum is building. The order book shows a large number of buy orders lurking at 2011.8, with strong support below. Combined with the negative funding rate, there is a potential for a short squeeze rebound. )

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