【$ETH Signal】4H Bollinger Bands middle band resistance, weak rebound, short


$ETH 4H Bollinger Bands middle band 2299, three consecutive candles without breakthrough, RSI continuously below 40. MACD histogram shortens but fast and slow lines are still below zero. Heavy sell pressure around 2316.17, funding rate neutral to slightly low, bulls lack the will to rebound.

🎯Direction: Short (Pending order)

⚡Entry/Pending order: 2316.17

🛑Stop loss: 2334.70

🚀Target 1: 2279.11

🚀Target 2: 2260.58

🛡️Trade management:
- Reduce position by 50% upon reaching Target 1, move stop loss to entry price. Exit if rebound to 2334.70.

If the price pulls back near 2229, observe for long opportunities, but current momentum favors the bears.

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
post-image
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
  • Pinned