【$ETH Signal】Pullback confirmation, long positions hidden

$ETH 1H level repeatedly tested near 2210, buy-side depth clearly better than sell-side, 4H Bollinger Band lower band at 2151 provides strong support. MACD 1-hour timeframe bearish momentum bars continue to shrink, but price has not made a new low, a typical bearish exhaustion. Under negative fee rate environment, open interest remains stable, and the potential space for short squeeze is opening.

🎯Direction: Long

⚡Entry/Order: Enter in batches within the 2171.29 - 2223.65 range

🛑Stop loss: 2153.89

🚀Target 1: 2363.18

🚀Target 2: 2432.95

🛡️Trade management:
- Execution strategy: Reduce 50% of position after reaching Target 1, and move stop loss to break-even. If price falls back into the entry zone, automatically exit to protect capital.

Order book shows dense orders below 2217, clearly indicating a bottoming intention. The 4-hour price has fallen below the EMA20 moving average, but the EMA50 at around 2175 provides stronger dynamic support. Current risk-reward ratio exceeds 2, making this position worth risking limited capital for a bullish rebound. The key is whether the price can quickly recover above 2220, which would confirm a false breakout and trigger a short squeeze.

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