$ETH Signal: Short oversold rebound encounters resistance, selling pressure continues to dominate

RSI 16.2, 4H Bollinger lower band at 1626 was broken, current price struggles around 1613.
Sell order depth ratio exceeds 80%, 0.11 buy order depth indicates no willingness from funds to buy.
1H MACD green bars are still expanding, bearish momentum shows no signs of weakening.

🎯Direction: short

⚡Entry/Order: 1609.1281 - 1613.9700

🛑Stop loss: 1630.1097

🚀Target 1: 1589.7605

🚀Target 2: 1577.6557

🛡️Trade management:
- Execution strategy: Reduce 50% of position after reaching Target 1, and move stop loss to break-even.
- If price falls back into the entry zone, automatically exit to protect principal.

(Depth logic: Shorting in oversold areas may seem counterintuitive, but extremely low bid/ask ratio indicates bulls have no resistance. Each rebound on the 1H is quickly suppressed, funding rate is negative but small in magnitude, not yet triggering short squeeze. Stop loss is close, risk-reward ratio is 1.5, worth a try.)

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