【$ETH Signal】Shorting | 4H Bearish Continuation, 1H Rebound Meets Resistance

$ETH 1H RSI 56, MACD Bullish Expansion but Price Hits Bollinger Upper Band at 2303, 4H MACD Bearish Contraction but Deep Data -40.97% Indicates Exhausted Buying Pressure. Repeated Tests of the 2300 Level, Bulls Lack Ammunition.
🎯Direction: Short
⚡Entry/Orders: 2301.13 - 2327.38 Range, Place Partial Shorts in Batches, Preferably Near 2320.
🛑Stop Loss: 2345.99
🚀Target 1: 2290.14
🚀Target 2: 2271.52
🛡️Trade Management:
- Execution Strategy: Reduce 50% of position after reaching Target 1, and move stop loss down to entry price. If price breaks the stop loss level, exit decisively.
Current risk-reward ratio is acceptable, but be cautious that 1H bullish momentum has not fully exhausted; placing orders is safer than chasing shorts.
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