【$ETH Signal】Pullback confirmation, sniper on the 4H trend continuation

$ETH 1H level surge and pullback, long upper shadow directly hit 2416 and was quickly pushed back to 2350. The 4H Bollinger upper band at 2400 forms clear resistance, but EMA20 and EMA50 below create a dense support zone. The 1H MACD histogram is expanding negatively, indicating short-term momentum weakening, but the 4H MACD double lines remain above zero, and the long-term trend is intact.

Price repeatedly tests around 2350, with solid buy orders below, and selling pressure is quickly absorbed. The current risk-reward ratio isn't perfect, but the bullish structure on the 4H level remains, and a pullback is an opportunity.

🎯Direction: Pullback to go long

⚡Entry: Buy in stages around the 2320-2335 pullback zone

🛑Stop Loss: 2206.26

🚀Target 1: 2420.66

🚀Target 2: 2492.13

🛡️Trade Management: - Execute strategy: After reaching Target 1, halve the position, and move the remaining stop loss up to the entry price. If the price cannot stay above 2340 and breaks below 2320 again, consider exiting early.

Funding rate is slightly positive, no signs of extreme greed. Open interest remains stable, with no large-scale long liquidation. The 1H RSI has fallen from overbought to neutral, providing room for another rally. Key is whether the price can find support and volume in the previous dense trading zone around 2330-2340. The 4H EMA20 continues to rise, signaling that the trend followers are still in the game.

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