【$ETHUSDT Signal】Short squeeze buildup, pullback is a buy signal


$ETHUSDT 1H timeframe repeatedly tests above 2000, buy orders are deep and solid, the rate has been smashed out. 4-hour MACD histogram turns positive, bearish momentum is exhausted.

🎯Direction: Long

⚡Entry/Order: Buy in batches around 2004 - 2015

🛑Stop loss: 1988

🚀Target 1: 2049

🚀Target 2: 2075

🛡️Trade management:
- Execution strategy: Half position at Target 1, remaining to break even. If price cannot hold above 2025, actively reduce position.

Open interest remains stable, but price pulls back from lows, with ongoing negative funding rate pressure on shorts. 1-hour RSI is neutral, with ample room to rise. Order book shows a thick wall around 2008, indicating clear support from funds. In this negative funding rate environment, prices refusing to fall sharply often precede a short squeeze. Risk-reward ratio exceeds 5, worth a try.

View real-time market 👇 $ETHUSDT
---
Follow me: Get more real-time analysis and insights on the crypto market! $BTC $ETH $SOL
BTC0,3%
ETH-0,56%
SOL-0,96%
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 3
  • Repost
  • Share
Comment
Add a comment
Add a comment
ybaservip
· 2h ago
To The Moon 🌕
Reply0
CryptoDiscoveryvip
· 9h ago
LFG 🔥
Reply0
CryptoDiscoveryvip
· 9h ago
To The Moon 🌕
Reply0
  • Pin