【$ETH Signal】Dual Order Script: 1H Oversold Rebound Play vs 4H Downtrend Continuation

$ETH The 1H timeframe is trading within a narrow range of 1846-1869, with RSI(1H) in the oversold zone at 33.3, indicating a technical rebound demand. However, the 4H trend is clearly downward, with EMA20(1918) acting as strong resistance, just forming a volume-increasing long bearish candle, indicating strong bearish momentum. The current price is at a critical point between bulls and bears, with open interest stable but price declining, so caution is needed for potential passive long liquidation risks.
🎯 Direction: Wait and see ( Dual orders )
⚡ Breakout Long Entry Orders: Price > 1875.00 ( Reason: Stabilize above 1H EMA20 and break through the intraday range upper boundary )
🛑 Stop Loss: 1845.00 ( Reason: Break below recent swing low and ATR lower band )
🚀 Target 1: 1900.00 ( Reason: 4H EMA20 and previous rebound high )
🚀 Target 2: 1925.00 ( Reason: Starting point of the 4H large bearish candle and Fibonacci 0.382 retracement level )
⚡ Short Entry Orders: Price < 1845.00 ( Reason: Break below the 1H swing range lower boundary and intraday low )
🛑 Stop Loss: 1875.00 ( Reason: Reclaim above the swing range upper boundary, invalidating the bearish structure )
🚀 Target 1: 1820.00 ( Reason: Previous support zone )
🚀 Target 2: 1790.00 ( Reason: Downside target based on ATR calculation )
🛡️ Trading Management:
- Position Size Suggestion: Light ( Reason: Unclear direction, 4H trend diverges from 1H oversold, high-risk play )
- Execution Strategy: When either order is triggered, the other is automatically canceled. If long is triggered and reaches Target 1, reduce position by 50% and move stop loss to entry point. If short is triggered and reaches Target 1, similarly reduce by 50% and move stop loss to entry point.
Deep Logic: Market depth shows buy orders concentrated around 1856, but sell pressure above is dispersed. The 1H RSI shows early divergence at the bottom, but the 4H MACD remains below zero with a death cross. The key is whether the price can stabilize above 1846 and volume-increase for a rebound. Weak rebound will lead to a break below 1845, triggering a new round of stop-loss orders. Stable open interest indicates it’s not major liquidation by large players, but rather a battle between bulls and bears at a critical level.
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