$ETH Real trading (signal) short position: rebound to the upper edge of the 4H range + buying pressure not pushing higher


$ETH Order book depth ratio 5.99, buy orders stacking but unable to push the price up, sideways consolidation at 2128. Upper Bollinger Band at 2144 suppresses, lower support at 2103, MACD bullish momentum continues to shrink. 1H candlesticks with small consecutive bodies, trading volume suddenly drops to 746, market waiting for direction.
🎯Direction: Short (placing orders)
⚡Entry/Order: 2150
🛑Stop loss: 2170
🚀Target 1: 2115
🚀Target 2: 2090
🛡️Trade management:
- After reaching Target 1, reduce position by 50%, move stop loss down to entry price. If the price falls below Target 2, hold the remaining position.
Depth logic: Imbalance in depth but price remains stagnant, indicating strong selling pressure at high levels. Once the 4H Bollinger Bands narrow and volume breaks below the midline at 2123, the bears will accelerate. The current risk-reward ratio is reasonable; wait for a rebound to the top of the range before re-entering.
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Eth16
· 3h ago
The brother who received it says thank you!
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