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【$ETH Signal】Pullback to Long | 1H Fake Break Confirmation, Main Force's Support Intent Revealed
$ETH The 1H timeframe shows a clear lower shadow support around 1986, with the price quickly recovering above 1990, a typical fake breakout shakeout. The lower band of the 4-hour Bollinger Bands and the daily EMA50 around 1965 form a resonance support zone, locking in the downward space. Market depth shows buy orders below 1995 far exceed sell orders, fully exposing the capital support intent.
🎯Direction: Long
⚡Entry/Orders: Buy in batches around 1984.5 - 1987.1
🛑Stop Loss: 1963.0
🚀Target 1: 2083.3
🚀Target 2: 2131.4
🛡️Trade Management:
- Execution Strategy: After reaching the first target, reduce position by 50% to lock in profits, and move the remaining stop loss up to the entry price. If the price cannot hold above the 2000 level and falls below 1985 again, exit early and wait on the sidelines.
Position size remains stable during the price decline, with no signs of large-scale capital outflow, weakening the downward momentum. The negative MACD histogram on the 1-hour chart is shrinking rapidly, indicating bearish momentum is waning. Combined with the advantage in buy depth and quick recovery at key levels, the risk-reward ratio at this position exceeds 4:1, making it worthwhile to position for a rebound. Market sentiment needs time to recover from panic, but signs of main force support are already clear.
Check real-time quotes 👇 $ETH
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