【$ETH Signal】Pullback to Long! 1H V-Shaped Reversal, 4H Key Support Confirmed

$ETH The 1H timeframe completed a V-shaped reversal near 1973, with a strong rally above 2000, forming a long lower shadow, indicating robust buying pressure below. Although the 4H is in consolidation, the price precisely retested the EMA50 (1962) and rebounded, forming multi-cycle resonance support. Currently, the 1H RSI has recovered from oversold territory to 50.72, and bullish momentum is restoring.

🎯Direction: Long (Long)

🎯Entry/Order: 2028 - 2032 (near current price)

🛑Stop Loss: 1970 (below 4H EMA50 and previous low)

🚀Target 1: 2075 (Recent 4H resistance level)

🚀Target 2: 2100 (Psychological level and previous high area)

🛡️Trade Management:

- Position size suggestion: Standard position (Reason: Multi-cycle support confirmed, favorable risk-reward ratio)

- Execution strategy: After reaching Target 1, reduce position by 50% and move stop loss to entry price. Hold remaining position for Target 2. If price drops below 2029 (1H opening price), consider exiting early.

Deep logic: Price rebounded violently from 1973 by over $50, but open interest remains stable, indicating it’s not just a liquidation of longs. It appears to be main force defending key level (4H EMA50) and accumulating. The order book shows buy orders around 2029 (24 ETH), while the ask side has some pressure but moderate thickness. The 1H candlestick has already broken above EMA20 (2031). If the next candle confirms steady support, further rebound space will open.

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