【$ETH Signal】Bearish dominance + rebound high shorting strategy

$ETH RSI 1H 22.65, sell order depth -53.58%, buy order ratio only 0.30.
4H MACD histogram -7.72 continues to expand, bearish momentum shows no signs of weakening.
Bollinger Bands 1H lower band 2254.89, price hugging the edge, short-term oversold but no signs of a bottoming structure.
🎯Direction: Short (Pending order)
⚡Entry/Pending order: 2332.9
🛑Stop loss: 2351.5
🚀Target 1: 2295.6
🚀Target 2: 2276.9
🛡️Trade management: - Execute strategy: reduce position by 50% after reaching Target 1, and move stop loss down to entry price.
If the price rebounds and hits the stop loss, exit promptly.
Observe buy order changes near Target 2; if the decline accelerates, partially take profit.
Depth logic: OI remains stable but price continues to decline, indicating weak bullish willingness.
A rebound near EMA20 will be a short covering window for bears.
Funding rate 0.0034% shows no abnormality, but spot market depth is very poor, limiting rebound height.
Current risk-reward ratio is about 2:1; waiting for a rebound before re-entering is more prudent.
Check real-time market 👇 $ETH
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