$ICP Signal】1H rebound blocked, 4H bearish continuation, short position suggested


1H Bollinger Bands upper and lower bands narrowed to 2.307-2.382, MACD shows a golden cross but the histogram begins to shrink, 4H MACD bearish momentum still expanding. Funding rate -0.0218%, depth imbalance -8.5%, weak buy orders. Current price at 2.331 is below EMA20_1h, rebound lacks sustained buying support.

🎯Direction: Short

⚡Entry/Order: 2.328 - 2.421

🛑Stop loss: 2.440

🚀Target 1: 2.382

🚀Target 2: 2.363

🛡️Trade management:
- Execution strategy: Reduce 50% of position after reaching Target 1, and move stop loss to break-even (original entry average price). If price rebounds back into entry zone, exit proactively.

In a negative funding rate environment, be cautious of short squeeze, but the 4H downtrend structure is intact, and the 1H rebound has not changed the weakness. From risk-reward perspective, 2.0x is worth betting.

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