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【$ETH Signal】Long | Healthy Pullback After Breakout
$ETH is experiencing a healthy pullback after a volume breakout on the 4-hour chart. The price is consolidating above the key breakout level of $2000, with buying pressure continuously absorbing the pullback, and no large-scale selling pressure observed.
🎯 Direction: Long
🎯 Entry: $2005 - $2015
🛑 Stop Loss: $1989 ( Rigid stop loss, below the previous low and psychological level )
🚀 Target 1: $2095 ( Previous high resistance )
🚀 Target 2: $2150 ( Measure the upward move )
Logical core: Two volume-increasing bullish candles on the 4H confirm main force entry (Open Interest and price increase together), not a bearish trap. Currently, the K-line is consolidating with reduced volume near the upper boundary of the breakout zone ($2000), indicating a healthy reset. The order book depth shows solid buy support around $2012, with funding rates still positive but not overheated, leaving room for further upward movement. The price structure remains intact, and the pullback does not break the previous breakout zone's upper boundary, favoring an upward continuation.
Trade here 👇 $ETH
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