【$ETH Signal】Long - 1H stabilizes above EMA20, bullish momentum initiates

$ETH The 1H timeframe has stabilized above EMA20 (1960.31), with the price consolidating strongly around 1972. Although the 4H timeframe is still in consolidation, the latest 4H candle closed bullish, and the buy order depth (bid_ask_ratio_depth: 0.06) shows strong support below, while order book imbalance (-89.18%) indicates sparse sell orders, suggesting potential for short squeeze. Open interest remains stable, price is rising with a moderate rate, indicating healthy accumulation.

🎯Direction: Long (Long)

🎯Entry/Order: 1970 - 1973 (Reason: 1H EMA20 support zone, concentrated buy orders in order book )

🛑Stop Loss: 1955 (Reason: Break below 1H EMA50 support and previous hour’s low )

🚀Target 1: 1995 (Reason: Previous high resistance level on 4H )

🚀Target 2: 2020 (Reason: 4H Fibonacci 0.5 retracement level and previous chip zone )

🛡️Trade Management:

- Position size suggestion: Standard lot (Reason: Clear 1H structure, defined stop loss, risk-reward ratio >1.5 )

- Execution strategy: After reaching 1995, reduce position by 50% and move stop loss to entry price 1973. Hold remaining position towards 2020 target; if price retraces back to 1973, close all positions and exit.

Depth logic: 1H RSI (57.12) is in a healthy bullish zone, no overbought signals. Market logic indicates upward movement, combined with stable open interest, suggesting not just a short squeeze but also main force support. The best bid at 1972.83 has 256.949 ETH resting, and once penetrated, resistance above is thin, making rapid upward movement highly likely. This is a typical low-entry trap setup, waiting for a breakout short-term opportunity.

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