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

$ETH The 1H timeframe is in an extremely oversold state, with RSI dropping to 27.7. The price has formed initial support in the 1906-1930 range. Although the 4H timeframe shows a downtrend, open interest remains stable, with no signs of panic selling. Negative funding rates suggest short squeeze risks. The 1H timeframe shows a technical rebound demand, presenting a classic "catch and sniper" opportunity.

🎯Direction: Long (Long)

⚡Entry/Order: 1915 - 1922

🛑Stop Loss: 1900

🚀Target 1: 1950

🚀Target 2: 1980

🛡️Trading Management:
- Position Size Recommendation: Light position
- Execution Strategy: If the price quickly rebounds above 1940 after entry, move the stop loss up to the entry price. After reaching Target 1, reduce position by 50%, and move the remaining stop loss up to 1935 to aim for Target 2.

Deep Logic: The 1H RSI is severely oversold, and a technical rebound is imminent. The 4H open interest remains stable, and despite a sharp price drop, there’s no sign of a liquidation cascade, indicating it’s not purely a bullish squeeze. The order book shows buy orders stacking around 1920 (about 30 ETH), providing immediate support. In a negative funding rate environment, a rebound could trigger short covering, accelerating the upward move. Currently, this is a high-risk, high-reward left-side play point.

Check real-time market 👇 $ETH

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