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$ETH Signal】1H Oversold Rebound Play, Sniping the Lower Edge of the 4H Downtrend Channel
$ETH The 1H timeframe repeatedly tests the 1812-1830 range, forming a short-term support platform. RSI on the 1H chart has entered the oversold zone (30.27), indicating a technical rebound demand. The 4H timeframe remains within a clear downtrend channel, but the current price has touched the lower boundary of the channel, and open interest (OI) remains stable without signs of panic selling, providing a trading space for a counter-trend short-term rebound.
🎯Direction: Long (Long)
🎯Entry/Order: 1822 - 18