【$ETH Signal】1H timeframe narrow-range oscillation, waiting for a breakout confirmation

$ETH The 1H timeframe is consolidating with extremely low volume within the 1970-1983 range, with price sticking close to EMA20 (1974.8), and bulls and bears are at an impasse. The 4H timeframe remains in a oscillation zone between 1980-1960, with EMA50 (1981) forming a key resistance above. Current order book shows a large sell order at 1973.87, but buying depth is still decent, awaiting a directional breakout.

🎯Direction: Watchful (Order )

⚡Order Strategy:

- Breakout Long: If the price stabilizes above 1983.5, go long (Reason: Breaks through the upper boundary of the 1H oscillation zone and the 4H EMA50 resistance).

- Pullback to Long: If the price retraces to the 1965-1968 area, go long (Reason: Rebounds off the lower boundary of the 4H oscillation zone and previous support).

🛑Stop Loss:

- Breakout Long: 1969 (Reason: Breaks below the low of the breakout candle).

- Pullback Long: 1958 (Reason: Breaks below recent 4H low, ATR-based stop).

🚀Target 1: 1995 (Reason: Previous high resistance level).

🚀Target 2: 2015 (Reason: 1.618 Fibonacci extension level).

🛡Trade Management:

- Position suggestion: Light position (Reason: Market direction is unclear, waiting for breakout confirmation).

- Execution strategy: After any order is filled, reach Target 1 and reduce position by 50%, with remaining stop moved to entry price. If the price cannot quickly move away from the cost area, consider closing at breakeven.

Depth logic: OI remains stable, no significant outflows. 1H RSI (50.3) is neutral, no divergence. Key market logic indicates whether the "price rise" is driven by main force entry or a bear trap, which requires analysis of volume and buy depth during breakout. Currently, the best strategy is to lay in wait for a breakout order, avoiding erosion in consolidation.

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