【$ETH Signal】1H Rebound Play, Sniping Oversold Rebound Waves

$ETH On the 1H timeframe, after experiencing a waterfall decline, a short-term base was built around 1850, and in the latest 1H candlestick, there was a nearly 2% volume-driven rebound, breaking above the 1H EMA20 (1910). Although the 4H timeframe is still in a downtrend channel, the current candlestick shows a long lower shadow bullish candle, indicating buying support below. Open interest remains stable, and negative funding rates suggest crowded shorts, presenting a potential short squeeze rebound opportunity.

🎯Direction: Long (Long)

🎯Entry/Order: 1912 - 1915 (Reason: Stabilize above 1H EMA20 support, retest confirmation )

🛑Stop Loss: 1898 (Reason: Break below 1H platform low and ATR lower band )

🚀Target 1: 1935 (Reason: Resistance at the previous small platform on the 4H timeframe )

🚀Target 2: 1955 (Reason: Dynamic resistance at 4H EMA20 )

🛡️Trade Management:

- Position size suggestion: Light position (Reason: 4H trend remains bearish, this is a counter-trend rebound play )

- Execution strategy: After reaching Target 1, reduce position by 50% and move stop loss to entry price. Hold remaining position for Target 2. If the price hovers in the entry zone for more than 2 1H candles without progress, exit proactively.

Deep logic: The price plunged nearly 6% from yesterday’s high, but open interest (OI) remained stable, indicating no panic liquidation by longs. The 1H RSI (48.79) rebounded from oversold territory, leaving room for recovery. The order book shows a large sell order at 1914.07, a key resistance. Once absorbed by buying, it will trigger short stop-loss orders, accelerating upward movement. Negative funding rate (-0.0122%) provides fuel for a potential short squeeze.

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 #Gate广场发帖领五万美金红包