【$ETH Signal】Short-term Long! 1H breakout pullback confirmation, obvious signs of main force supporting the market

$ETH The 1H timeframe, after experiencing a volume surge, is currently in a healthy pullback confirmation stage for the breakout zone. The price has stabilized above the key support level. Although the 4H timeframe remains in a consolidation range, the 1H momentum structure is intact, the funding rate is slightly negative, and combined with stable open interest, it suggests a risk of short squeeze. This is an excellent short-term sniper opportunity.

🎯Direction: Long

⚡Entry/Order: 1958 - 1965

🛑Stop Loss: 1942

🚀Target 1: 1995

🚀Target 2: 2020

🛡️Trading Management:

- Execution Strategy: After reaching Target 1, reduce position by 50%, and move the remaining position's stop loss to the entry price. If the price strongly breaks through 2020, move the remaining stop loss to break even and hold for greater gains.

Deep Logic: Over the past few hours, after volume breakout, buy-side depth has become significantly thick, indicating strong support below. The 1-hour RSI is in a healthy zone, not overbought, with further upward momentum. Open interest remains stable during the price rally, not solely driven by short covering, but also by active long accumulation. Coupled with a negative funding rate environment, once the price moves again, it can easily trigger a short squeeze. The 1940-1950 area below is a dense trading zone on the 4H level and previous lows, forming a strong support.

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