【$ETH Signal】Pullback to add longs! 1H retest of EMA20 confirmed, main force clearly protecting the market

$ETH The 1H timeframe experienced a healthy retest after reaching 2052, currently oscillating around 2028, right above the 1H EMA20 support. The 4H timeframe has formed a three-green-candle breakout pattern, indicating an upward trend. The current price is far from the optimal entry zone, strictly avoid chasing high, and patiently wait for a pullback to enter.

🎯Direction: Long (retreat order)

⚡Entry/Order: 1990.32 - 1994.31

🛑Stop Loss: 1990.32

🚀Target 1: 2002.29

🚀Target 2: 2006.28

🛡️Trade Management:

- Execution Strategy: After reaching Target 1, reduce position by 50% to lock in profits, and move the stop loss of the remaining position up to the entry price. If the price does not reach the entry zone, abandon this trade and never chase high.

Deep Logic: The 4H buy volume has significantly increased, indicating main capital entering the market. Although the latest 1H buy ratio has slightly decreased, open interest remains stable, suggesting it’s not a short squeeze but a healthy rotation after an upward move. The 1H RSI is at a healthy 63, with room for further upside. Market depth shows substantial buy support below 2028, with dense buy orders, limiting the downside. This is a typical retest after a breakout, with an excellent risk-reward ratio.

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