$ETH Signal】1H Breakout Follow-up, Main Force Clearly Intends to Support the Market



$ETH The 1H level just experienced a volume breakout above EMA20 (1966) and hit a new intraday high, showing strong momentum. Although the 4H level is still in a consolidation zone, the latest 4H candlestick has a full body, with deep buying interest, indicating a clear intention by the main force to support the market. Open interest remains stable, and the rate is healthy. This is a typical short-term breakout signal, and must be acted upon.

🎯Direction: Long (Long)

🎯Entry/Order: 1977.0 - 1979.0 (Reason: Breakout of the 1H previous high at 1976.99, retest confirmation )

🛑Stop Loss: 1960.0 (Reason: Break below the 1H EMA20 support and the previous 4H candle low )

🚀Target 1: 1995.0 (Reason: Resistance area at the 4H previous high )

🚀Target 2: 2015.0 (Reason: 1.618 Fibonacci extension level and psychological barrier )

🛡Trade Management:

- Position Size Recommendation: Standard position (Reason: 1H/4H resonance breakout, higher win rate )

- Execution Strategy: After reaching Target 1, reduce position by 50% to lock in profits, and move the remaining stop loss up to the entry price of 1977. If the price strongly breaks through 1995, move the remaining stop loss to 1990 to aim for higher targets.

Depth Logic: The latest 1H candlestick shows buy volume ratio as high as 74%, indicating strong active buying. The 1H RSI (60.72) still has room to rise and is not overbought. The order book shows sparse sell orders above the sell price (1976.99), so breaking through will face less resistance. The 4H buy volume ratio has risen to 0.58, indicating funds are shifting. Combined with market signals of ‘price rising’ and stable open interest, this looks more like main force entering rather than purely short covering.

Check real-time market 👇 $ETH

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RainDew77RainDew77IsABrandvip
· 5h ago
Looking back, it confirmed the points you mentioned
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