【$ETH Signal】4H Bearish momentum continues, rebound shorting

$ETH 4H MACD histogram continues to expand to -2.395, bearish momentum shows no signs of weakening.
Price breaks below the lower Bollinger Band at 2222, accelerating downward.
Buyers' depth ratio of 1.0 indicates no clear support from funds.
RSI at 34.7 approaches oversold but no bottom divergence pattern is observed, casting doubt on the strength of the rebound.

🎯Direction: Short (Pending order)

⚡Entry/Order: 2290 - 2300 (Recommended entry zone at the higher end)

🛑Stop loss: 2321.92 (Above the pending order, protecting the short position)

🚀Target 1: 2266.64

🚀Target 2: 2248.21

🛡️Trade management:
- Execution strategy: Reduce 50% of the position after reaching Target 1, move stop loss down to the entry cost line.
- If the price rebounds and breaks through the stop loss level, exit the position.

Order book logic: 4H consecutive bearish candles with increased volume, funding rate is negative but with very low magnitude, indicating market sentiment is not extremely panicked.
The pending order is based on a resistance convergence zone—EMA20/50 crossover at 2290-2300, which is also a previous consolidation center.
If a rebound encounters resistance, the probability of a second bearish move is high.
Be cautious of short-term impulses caused by oversold RSI, but in the overall bearish trend, high-level pending orders have a better risk-reward ratio than chasing a short.

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