$ETH Signal】Pullback to buy! Strong breakout on 1H with healthy retracement, 4H trend established



$ETH on the 1H has experienced massive gains and is currently in a healthy consolidation phase with reduced volume, with price holding solidly above key moving averages. The 4H has formed a three-consecutive-bullish breakout structure, with the trend shifting from oscillation to uptrend. Current market depth shows that selling pressure has been released, with buying orders regrouping at key support levels—a classic post-breakout retest confirmation signal providing an excellent window for short-term scalping.

🎯 Direction: Long

⚡ Entry/Pending orders: Layer in between 2086 - 2105 range

🛑 Stop loss: 2086

🚀 Target 1: 2182

🚀 Target 2: 2220

🛡 Trade Management:

- Execution strategy: Upon price reaching Target 1, reduce position by 50% to lock in profits and move stop loss on remaining position to entry price. If price breaks Target 2 forcefully, consider holding part of the position to capture trend extension.

( Deep logic: Over the past 4 hours, open interest has remained stable; price surged significantly while open interest didn't decline, indicating this is not merely short covering but new long capital entering. 1-hour RSI has healthily retreated from overbought zone to around 60, with momentum repaired. Order book depth shows dense buy support below 2150, while selling pressure above has been substantially reduced following massive volume turnover. 4-hour candle breaks above previous oscillation platform with strong structure. )

View real-time chart 👇 $ETH

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