【$ETH Signal】Long + 1H Breakout and Retest Confirmation

$ETH The 1H timeframe has experienced a volume-driven rally in the early session and is currently in a healthy retracement after the breakout. The 4H timeframe has stabilized above key moving averages and formed a bullish engulfing pattern, indicating a shift from weak to strong trend. The current price is supported near the 1-hour moving average, with solid buying depth and stable open interest, showing that the main players have not exited the market. This is a typical breakout retest confirmation structure, providing an excellent opportunity for short-term sniper entries.

🎯Direction: Long

⚡Entry/Order Placement: 1978 - 1985 zone, staggered entries

🛑Stop Loss: 1948

🚀Target 1: 2025

🚀Target 2: 2050

🛡️Trade Management:

- Execution Strategy: After reaching Target 1, reduce position by 50% to lock in profits, and move the remaining stop loss to the entry price. If the price strongly breaks through Target 2, consider leaving some profits as a trend order and trail the stop loss to hold.

Depth Logic: Over the past 4 hours, after volume-driven breakout, the proportion of active buy orders has remained dominant, indicating strong bullish momentum. The 1-hour RSI is in a healthy zone with no overbought signals, leaving room for further upside. Market depth shows dense buy orders below, forming strong support in the 1970-1980 range. Coupled with negative funding rates, there is a risk of short squeeze, providing additional upward momentum.

View real-time market 👇 $ETH

---

Follow me: Get more real-time analysis and insights on the crypto market! $BTC $ETH $SOL
‍#我在Gate广场过新年 #美伊局势影响