【$ETH Signal】1H Oversold Rebound Trading, Watch for Key Resistance Breakthrough

$ETH 1H RSI has entered the oversold zone (23.99), and the price shows a brief stabilization around 1950. Although the 4H trend is still in a downtrend, there is a short-term technical rebound demand. The current negative funding rate (-0.0060%) and stable open interest suggest not major selling by large players, but rather a sharp decline caused by long liquidation, providing an opportunity for short-term sniper trades.

🎯Direction: Long (Rebound Trading)

🎯Entry/Orders: Around current price 1969.7 or a pullback to 1955-1960 (Reason: 1H oversold zone + previous low psychological support area)

🛑Stop Loss: 1940 (Reason: Break below previous low 1945.26, confirming continued decline)

🚀Target 1: 2000 (Reason: Psychological level + initial resistance at 1H EMA20)

🚀Target 2: 2030-2035 (Reason: 1H EMA50 strong resistance zone + lower boundary of 4H downtrend relay platform)

🛡️Trade Management:

- Position Size: Light (Reason: 4H trend remains bearish; this is a counter-trend rebound, higher risk)

- Execution Strategy: After reaching Target 1, move stop loss to entry level (break-even). If the price strongly breaks above 2000 and stabilizes, hold some positions toward Target 2. If the price consolidates near the entry point without upward movement for a long time, exit proactively.

Deep Logic: Order book shows buy orders accumulating around 1968-1969 (56.7 ETH), with sell pressure relatively dispersed, providing short-term support. The 1H RSI is severely oversold, indicating a rebound basis. The key is whether the price can quickly recover the 2000 level and push the 1H RSI above 40 to confirm rebound strength. If the rebound is weak, stop loss decisively.

Trade here 👇 $ETH

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