【$ETH Signal】1H Rebound Play, Sniping Oversold Rebound!

$ETH The 1H timeframe is attempting to build a rebound structure, with the price above the EMA20(1H) and consecutive bullish candles appearing. Although the 4H timeframe is still in a downtrend channel, the 1H momentum has already turned strong, and the latest candlestick shows buy volume at 57%, indicating short-term trading potential. Open interest remains stable, and after a sharp price drop, there is no significant decrease in open positions, suggesting it’s not purely a bullish squeeze, but rather funds are absorbing at this level.

🎯Direction: Long (Long)

🎯Entry/Order: $1882 - $1885 (Reason: 1H EMA20 support zone & current consolidation platform)

🛑Stop Loss: $1850 (Reason: Break below previous low & ATR14 lower band$1852

🚀Target 1: ()Reason: 1H resistance at previous high & 4H EMA20 resistance level)

🚀Target 2: $1920 (Reason: Starting point of 4H sharp decline, Fibonacci 0.382 retracement level)

🛡️Trading Management:

- Position Size Suggestion: Light position $1955 Reason: 4H trend remains bearish, this is a counter-trend rebound play(

- Execution Strategy: After the price reaches $1920, reduce position by 50% and move stop loss to entry price $1885. Remaining position aims for $1955 target; if the price retraces back to $1885, exit all to break even first.

Deep Logic: The order book shows sell wall at )$1884.14( with 202.5 ETH, forming a thin wall. A breakout could trigger short covering. The 1H RSI)34.8( has turned up from oversold territory, indicating technical correction needs. Funding rate is negative )-0.0366%(, which could trigger a short squeeze if the price continues to rebound. Key is whether the price can hold above $1885 and break through $1900 with volume.

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