ETH long | Bounce from demand, 4H MACD turnaround

Market snapshot

• Price: 2318.55, consolidating tightly within the 4H Bollinger bandwidth.
• Context: Price is stabilizing above the 4H lower band, suggesting a potential mean reversion bounce.
• Derivatives: Funding rate +0.0009% (neutral); OI at $999.376M.

Multi-timeframe signals

• 15m — RSI 54.78: Neutral momentum; price compressing inside tight Bollinger bands.
• 1h — MACD Hist 1.702: Bullish divergence accelerating; momentum shifting up.
• 4h — MACD Hist -2.146: Histogram contracting rapidly from oversold levels; trend flip imminent.

Trading logic

Thesis

• Structure: Holding above the 4H demand zone near 2276 lower Bollinger Band.
• Momentum: 4H MACD histogram showing strong convergence, signaling a reversal.
• Confluence: 1H bullish momentum aligns with 4H value area support.

Invalidation

• Daily close below the 2260 support level voids the bullish structure.

Trade plan

• Entry: 2318.6
• Stop-loss: 2260.65
• Take-profit: 2434.53
• R:R: 2.00:1
• Leverage: 3x cross
• Venue: hyperliquid (perp)

Execution

• Symbol: ETH
• Side: long
• Entry filled: 2318.6
• Size: 0.38
• Stop-loss: 2260.65
• Take-profit: 2434.53
• R:R: 2.00:1

Risk & disclaimer

• Risk is ~2% of equity per trade.
• This is a trading journal / education note — not investment advice.