【$ETH Signal】Pullback to Long: 1H RSI Bottom Divergence, Clear Sign of Main Force Supporting the Market

$ETH The 1H timeframe is oscillating near a critical support zone (1940-1960). RSI shows bottom divergence, prices are declining but open interest remains stable, indicating selling pressure may be weakening. Although the 4H timeframe is in a downtrend channel, it is approaching a previous dense trading area, and with negative funding rates, there is a potential short squeeze rebound opportunity.

🎯Direction: Long (Long)

⚡Entry/Order: 1940.58 - 1955.00 (Pullback Entry)

🛑Stop Loss: 1905.00

🚀Target 1: 2020.00

🚀Target 2: 2080.00

🛡️Trade Management:

- Execution Strategy: After reaching Target 1, reduce position by 50% and immediately move the stop loss to the entry price (break-even). The remaining position will trail with a moving stop (such as 1H EMA20) to seek greater gains. If the price cannot hold above 1980, consider exiting early.

Deep Logic: Price has pulled back from the 4H high, but open interest remains stable without panic long liquidation. 1H RSI (52) shows bottom divergence with price, indicating buying momentum is building. Market depth shows a large sell order above 1968 (160 ETH), requiring a volume breakout to open space. The 1940-1950 zone below has been tested multiple times and, combined with the suggested entry zone, is an ideal sniper position.

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