$ETH Signal | Rebound to resistance zone for shorting, 1H MACD bottom divergence as expected


$ETH RSI 4H 32.89, hovering in oversold zone, Bid/Ask depth ratio 1.25 indicates buy orders still exist. 4H MACD golden cross expanding, short-term rebound momentum not exhausted, but 1H MACD histogram narrowing, bullish attack strength weakening. Dense orders near 2218.73 above, funding rate 0.002% is relatively low, market sentiment not extreme. Waiting for rebound to resistance zone to set short orders, risk-reward ratio is reasonable.
🎯 Direction: Short (place order)
⚡ Entry/Order: 2218.73
🛑 Stop Loss: 2236.48
🚀 Target 1: 2183.23
🚀 Target 2: 2165.48
🛡️ Trade management: - Execute strategy: reduce 50% of position after reaching Target 1, and move stop loss down to entry price. If price drops below 2100 before hitting the order, cancel the plan.
Depth logic: 4H Bollinger lower band at 2087 provides short-term support, but sell orders above 2150 are gradually thickening. OI stable, no signs of short squeeze. Rebound near 2218 will be a second test of resistance; if volume cannot break through, the short covering pressure is limited. Current long position risk-reward ratio is insufficient, waiting for a more reliable short opportunity.
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