【$ETH Signal】Short position, rebound to the upper boundary of the range

$ETH 4H MACD is turning positive, but the fast and slow lines are still below zero, and the rebound strength is suppressed by the middle band of the Bollinger Bands. The 1H Bollinger Bands are narrowing, and after volatility converges, there is a higher probability of opening downward. The sell order depth ratio is 51.7%, and the funding rate is 0.0068%, neutral, with no obvious support entry.
🎯Direction: Short
⚡Entry/Order: 2208.03
🛑Stop Loss: 2225.70
🚀Target 1: 2172.70
🚀Target 2: 2155.04
🛡️Trade Management: - Execution strategy: Reduce 50% of the position after reaching Target 1, and move the stop loss to breakeven. If the price breaks the stop loss, exit decisively.
Depth logic: 4H RSI is at 35, oversold but no bullish divergence formed, and the rebound is only driven by short covering, with doubtful sustainability. The 1H volume increases during the decline, and bulls' resistance is weak. The risk-reward ratio is about 1:2, but beware of sudden short squeezes in oversold areas.
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