$ETH Signal: Rebound meets resistance, go short | 4H middle band resistance + 1H rebound weakening


$ETH The 4H Bollinger middle band at 2315 and EMA50 at 2319 form a double resistance, 1H MACD shows a golden cross but the histogram is only 0.32, indicating weak rebound momentum. Buying depth is strong but price is stagnant, funding rate is -0.0035% and remains negative, the bearish dominance remains unchanged. Currently around 2275, weak consolidation, waiting for a rebound to the resistance zone to safely set up short positions.
🎯Direction: Short (place order)
⚡Entry/Order: 2330.73
🛑Stop Loss: 2349.38
🚀Target 1: 2293.44
🚀Target 2: 2274.79
🛡️Trade management: - Execute strategy: after reaching Target 1, reduce position by 50%, and move stop loss to break-even. If the price rebounds without reaching the entry point and then breaks down, abandon the trade, do not chase shorts.
Depth logic: 1H RSI at 35.87 is in oversold territory but the price has not effectively rebounded, indicating that although there is support below, active buying is insufficient. Open interest is stable, funding rate is neutral to slightly negative, market sentiment is bearish. Risk-reward ratio is about 2.0, worth setting up.
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