【$ETH Signal】1H Breakout and Retest Confirmation, Sniping Intraday Rebound

$ETH On the 1H timeframe, after experiencing intense volatility, the price has regained above the EMA20 (1983.9) and stabilized above 1990, forming a short-term support level. Although the 4H timeframe is still oscillating within a downtrend channel, the latest 4H candle shows a long lower shadow, indicating strong buying pressure below, and the 1H RSI (55.66) has moved out of the weak zone, suggesting momentum is shifting. The current price is consolidating near 1999, and a direction is about to be chosen.

🎯Direction: Long (Long)

🎯Entry/Order: 1995.0 - 1998.0 (Reason: 1H EMA20 support zone and the dense area of the previous hour's low points )

🛑Stop Loss: 1978.0 (Reason: Breaking below the previous 1H low of 1960.44 and the support area formed by the 4H bullish candle starting point at 1952.61 )

🚀Target 1: 2025.0 (Reason: Resistance at the previous 4H high and below the intraday high of 2014.91 )

🚀Target 2: 2050.0 (Reason: Resistance at the 4H EMA50 and the upper boundary of the previous consolidation platform )

🛡️Trade Management:

- Position Size Suggestion: Light (Reason: The 4H trend has not fully reversed yet, indicating a counter-trend rebound game )

- Execution Strategy: Once the price reaches 2025, move the stop loss up to the entry price of 1998 to lock in profits. For the remaining position, aim for the second target. If the price stalls around 2050 or shows a 1H bearish divergence at the top, exit all positions.

Deep Logic: Market depth data shows buy-side dominance (bid_ask_ratio_depth=1.43), and market logic suggests an upward move, but open interest remains stable, indicating it’s not purely a short squeeze; there may be new funds attempting to defend the price. The 1H has formed a “higher low” structure, and the latest hourly volume is extremely low, indicating an imminent reversal. Combining ATR (43.65), the stop loss and profit target ratio is reasonable, with a risk-reward ratio >1.5.

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