$ETH Signal: Bearish continuation, 4H MACD expanding


$ETH 4H MACD histogram continues to expand, bearish momentum shows no signs of weakening. RSI at 38 is in the weak zone, no bottom divergence signals. The lower Bollinger Band at 2252 has been touched, with buy volume at 0.45 indicating sellers are in control. A current rebound to the 2300-2310 range will be a good sniper entry point.
🎯Direction: Short
⚡Entry/Order: Short at 2300 - 2310
🛑Stop Loss: 2342.56
🚀Target 1: 2286.79
🚀Target 2: 2268.20
🛡️Trade Management: - Execute strategy: Reduce 50% of position after reaching Target 1, and move stop loss down to entry price. If the price rebounds and breaks through the stop loss, exit the position.
Depth logic: Open interest (OI) shows no significant growth, funding rate remains stable, rebound lacks genuine bullish support, and the bearish structure is intact. Intraday liquidity is low, rebound space is limited, waiting for a better risk-reward entry.
Check real-time market 👇 $ETH
---
Follow me: Get more real-time analysis and insights on the crypto market!
#Gate广场五月交易分享 #美国4月CPI上涨3.8% $BTC $ETH $SOL
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin