$ETH Short Snipe】Bear Trap - 1H Bollinger Upper Band Resistance


$ETH On the 1H chart, RSI is 54.22. The price is hovering around EMA50 at 2019.46, with buy order depth ratio at 0.85, and sellers actively pressing down. The 4H MACD histogram has just turned positive, but the DIFF is still below the zero line at -15.3, so the rebound strength has not been confirmed.

🎯Direction: short

⚡Entry/Order: 2019.65

🛑Stop Loss: 2039.8465

🚀Target 1: 1989.3553

🚀Target 2: 1974.2079

🛡️Trade Management:
- Execution Strategy: After reaching Target 1, cut the position by 50% and move the stop loss to break-even. If the price drops back to the entry level, automatically exit to protect your capital.

With the 1H Bollinger Upper Band at 2021.6 close at hand and volume not effectively expanding, short-term bullish momentum has started to fade. Overall, the 4H structure is still arranged bearishly; rebounding into the resistance zone is a better point to play. The current risk-reward ratio is about 1.5, and the win rate depends on whether the broader market cooperates.

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