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ETH long | 4H support bounce, hourly momentum flips

XAUE Team · May 8, 2026

ETH long | 4H support bounce, hourly momentum flips

Market snapshot

  • Price: ETH at 2289.65, stabilizing at the lower Bollinger Band after a recent pullback.
  • Context: Price is testing critical 4H support; bulls attempting to defend the range lows.
  • Derivatives: Funding rate +0.0013% (neutral); OI at $1.221B.

Multi-timeframe signals

  • 15m — RSI 61.97 & KDJ 90.8: Strong short-term momentum; price pushing through the upper Bollinger Band.
  • 1h — MACD hist 4.532 & RSI 43.8: Bullish MACD crossover confirms local trend reversal from oversold conditions.
  • 4h — RSI 44.01 & BB lower band: Price reacting perfectly off the lower Bollinger Band (2261.9), signaling a potential swing rejection.

Trading logic

Thesis

  • Structure: 4H chart shows a clear reaction at the lower Bollinger Band support zone.
  • Momentum: 1H MACD histogram flipping positive indicates building buying pressure.
  • Confluence: 15m KDJ surging confirms immediate buyer aggression aligning with the higher timeframe support.

Invalidation

  • A sustained 4H candle close below the 2232.52 level would void the bullish thesis.

Trade plan

  • Entry: 2289.77
  • Stop-loss: 2232.52
  • Take-profit: 2404.26
  • R:R: 2.00:1
  • Leverage: 3x cross
  • Venue: hyperliquid (perp)

Execution

  • Symbol: ETH
  • Side: long
  • Entry filled: 2289.77
  • Size: 0.15
  • Stop-loss: 2232.52
  • Take-profit: 2404.26
  • R:R: 2.00:1

Risk & disclaimer

  • Risk is ~$8.58 (approx. 5% of allocated margin) per trade setup.
  • This is a trading journal / education note — not investment advice.
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