【$ETH Signal】1H Breakout and Pullback Confirmation, Short-term Short Squeeze Potential

$ETH The 1H timeframe has completed a pullback and confirmation above the EMA20 (1975), with the price holding steady at 1988. The 4H timeframe has broken through the recent consolidation upper boundary (1975), forming a bullish structure. Currently, the order book depth shows significantly more buy orders than sell orders, OI remains stable, and the price has not triggered selling pressure after rising. There are clear signs of main force support, indicating potential for a short squeeze.

🎯Direction: Long (Long)

🎯Entry/Order: 1985 - 1988 (Reason: 1H EMA20 support zone & breakout pullback confirmation level )

🛑Stop Loss: 1968 (Reason: Break below the 4H previous high of 1975 and 1H EMA50 at 1968.5 invalidates bullish structure )

🚀Target 1: 2000 (Reason: Psychological whole number level & recent rebound high )

🚀Target 2: 2025 (Reason: 4H previous high resistance zone & 1.272 Fibonacci extension level )

🛡Trade Management:

- Position Size Suggestion: Standard position (Reason: 1H/4H structural resonance, risk-reward ratio >1.5 )

- Execution Strategy: After reaching Target 1, reduce position by 50% and move stop loss to entry price 1985. Hold remaining position for Target 2; if price retraces to breakeven, exit all.

Depth Logic: 1H RSI (66) is in a strong zone but not overbought, leaving room for upward movement. The 4H candlesticks are consecutively bullish, buy volume is increasing, indicating capital inflow. The order book imbalance (-36.75%) shows accumulation of buy orders below, with light selling pressure. Coupled with steadily increasing OI, this is not just a short covering but suggests active long positioning, fueling a short-term breakout.

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