【$ETH Signal】Pullback to buy / 4H Bollinger middle band support confirmed

$ETH 1H timeframe price repeatedly tests near the upper Bollinger band, but the 4H MACD histogram bars remain below the zero axis and are shrinking, indicating that the momentum on the larger cycle has not fully turned stronger. Currently, the best bid is at 2200.61 with 90.4 orders, and the best ask is at 2200.62 with 75.7 orders, with intense competition between bulls and bears around the integer level.

🎯 Direction: Pullback to buy

⚡ Entry/Order: Stage orders in the 2174.94 - 2207.43 range

🛑 Stop loss: 2157.51

🚀 Target 1: 2307.29

🚀 Target 2: 2357.21

🛡️ Trade management:
- Execution strategy: After reaching Target 1, reduce the position by 50%, and move the stop loss up to the break-even level. If the price falls back to the entry level, automatically exit the trade to protect the principal.

The 4H timeframe price has pulled back to below the Bollinger band middle rail, but strong support is formed around 2153 near the lower band. The 1-hour RSI is hovering around 45, not entering oversold territory, meaning the bulls still have room to build strength. Open interest is stable, the funding rate is close to neutral, and there are no extreme short-squeeze or liquidation-panic signals. The risk-reward ratio at this level is close to 2; downside room is locked by key support, while upside looks toward the prior high area.

View real-time market 👇 $ETH
---
Follow me: Get more real-time analysis and insights on the crypto market! $BTC $ETH $SOL
‍#Gate上线Pre-IPOs #Gate现货衍生品双双冲进全球前三 #原油小幅上涨