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【$ETH Signal】Long + 1H Breakout Confirmed, Major Capital Support
$ETH 1H level completed a strong consolidation in the 2095-2100 zone, then a large volume bullish candle directly broke above the previous high, with abundant bullish momentum. The 4H level is even more impressive with consecutive bullish closes, firmly standing above all short-term moving averages, with the trend structure strengthening.
🎯 Direction: Long
⚡ Entry/Pending Order: 2105.00 - 2107.00 (can try light long position near current price)
🛑 Stop Loss: 2090.00 (break below the lower edge of 1H consolidation level)
🚀 Target 1: 2125.00 (previous high resistance zone)
🚀 Target 2: 2140.00 (4H level extended target)
🛡 ️Trade Management:
- Reduce position by half upon reaching the first target, move the stop loss of remaining position up to near entry price, let profits run, and capture the potential main uptrend wave.
Market depth shows buying pressure concentrated at bid price 2107.81 with over 90 ETH buy orders stacked, forming solid capital support. More critically, as price rallies, open interest (OI) remains stable without significant decline, indicating this is not purely short liquidation driven, but rather new long capital actively entering. The 1-hour buy/sell ratio surged to 0.65 at breakout, validating concentrated buying volume explosion. This "price up with volume, stable positions" combination is a typical characteristic of healthy uptrend, with clear intent of major capital support.
Check real-time market 👇 $ETH
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