【$ETH Signal】Short Position Setup: 4H Bollinger Upper Band Resistance, Buying Momentum Diminishing

$ETH Currently at 2139, although the 4H MACD shows bullish divergence, the price has already reached near the Bollinger upper band at 2184. The 1H RSI is at 58.84, not overbought, but there is a divergence between volume and price—the last 1H bullish candle's volume decreased by 23% compared to the previous one, indicating insufficient buying follow-through. The order book depth is imbalanced at 25.9%, favoring buyers, but the density of high-level sell orders has suddenly increased, with limit sell orders clearly stacking in the 2150-2160 range.
🎯Direction: Short (Place orders and wait)
⚡Entry/Order: 2200.66 - 2200.66 (Recommended upper boundary of the zone)
🛑Stop Loss: 2218.26
🚀Target 1: 2165.44
🚀Target 2: 2147.84
🛡️Trade Management: - Execution Strategy: Place a short order at 2200.66 with a stop loss at 2218.26 once the price reaches that level. Reduce position by 50% upon reaching Target 1, and move the stop loss down to the entry price. If the price rebounds above 2218, exit all positions.
(Depth logic: Funding rate is only 0.0064%, indicating no short squeeze pressure, but open interest remains stable without a surge, suggesting the current rally lacks new bullish consensus. The risk-reward ratio for shorts is 2:1, making it worthwhile to bet on a downward return within the top oscillation zone.)
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