【$ETH Signal】Pullback and Buy More! 1H Retest Confirms, Institutional Support Evident

$ETH 1H level is currently in a healthy consolidation phase after a massive bullish candle push, with price retesting near key EMA levels. 4H level has formed a clear uptrend with price holding above all moving averages and strong momentum. Current bid depth is significantly thicker than ask depth, showing strong support below. Institutional protection intent is clear. Open interest remains stable with healthy funding rates - this is not a short squeeze but a healthy correction within a bullish trend.

🎯 Direction: LONG

⚡ Entry/Pending Order: 2057.85 - 2065.69

🛑 Stop Loss: 2057.85

🚀 Target 1: 2097.06

🚀 Target 2: 2112.74

🛡 ️Trade Management:

- Execution Strategy: After reaching Target 1, reduce 50% of position to lock in profits and move stop loss of remaining position to entry price. If price breaks Target 2 strongly, partially take profit on remaining position and consider moving stop loss near Target 1 to capture larger gains.

( Deep Logic: 1H RSI around 62 with healthy momentum, far from overbought. 4H RSI also in strong zone. Most importantly, open interest did not decline after the price push, indicating new funds are genuine long positions, not short covering. Order book data shows bid size is over 3x the ask size with significant depth advantage, providing solid support. Current pullback is an ideal opportunity to ambush near the convergence of 1H EMA50 and 4H EMA20 support zones.)

Check Live Charts 👇 $ETH

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