【$ETH Signal】Pullback Long Entry + 1H Oversold Rebound Play

The 1H timeframe is in the oversold zone, with prices oscillating narrowly around 1977, testing the previous low support on the 4H chart. The 1H RSI has dropped to 33.75, indicating a technical rebound demand. Although the 4H trend is downward, trading volume remains stable with no signs of panic selling, suggesting that the main force may be defending the price. The current price has entered the optimized suggested entry zone at the lower boundary, serving as a sniper point for a rebound.

🎯Direction: Long

⚡Entry/Order: 1957.6 - 1977.4 (You can start building positions in batches near the current price)

🛑Stop Loss: 1940.0

🚀Target 1: 2015.0

🚀Target 2: 2040.0

🛡️Trade Management:

- Execution Strategy: Use batch take-profit. After reaching Target 1, close 50% of the position and move the remaining stop loss up to the entry price. If the price strongly breaks through Target 1 and stabilizes, move the remaining stop loss up to Target 1 to aim for Target 2.

Deep Logic: Market depth data shows significant buy-side support, with large orders accumulating below 1977, forming a support cushion. The 1-hour RSI is severely oversold, forming a bottom divergence with the price, indicating that rebound momentum is building. Although the 4-hour trend is bearish, stable open interest suggests it’s not a one-sided dump but rather a long leverage wipeout. Coupled with negative funding rates, there is a potential short-term short squeeze rebound opportunity. The 1950-1960 zone below has been tested multiple times recently and provides strong support with a favorable risk-reward ratio.

View real-time market 👇 $ETH
---

Follow me: Get more real-time analysis and insights on the crypto market! $ETH
$BTC $ETH
‍$SOL #我在Gate广场过新年