$ETH Signal | 1H Bearish Pressure Drop with Short Position Setup


$ETH Buy pressure concentrated around 1847.8, but the price quickly retreated after rebounding to 1849. The 1H MACD formed a golden cross, but the red bars failed to continue expanding, RSI at 46 indicating a neutral to weak state. The 4H Bollinger middle band at 1933 acts as a strong resistance, limiting short-term rebound space. Although buy order depth accounts for 78%, seeming solid, the price did not rise but fell back, raising doubts about the buying strength at high levels. Current funding rates are extremely low, providing no momentum for short covering. This risk-reward ratio of 1.5, with a stop-loss set above 1866, makes the risk manageable.
🎯Direction: Short
⚡Entry/Order: 1842.27 - 1847.81 range
🛑Stop-loss: 1866.29
🚀Target 1: 1820.09
🚀Target 2: 1806.23
🛡️Trade management: - Execute strategy: reduce 50% of the position after reaching Target 1, and move the stop-loss to break-even. If the price falls back into the entry zone, automatically exit to protect capital.
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