$ETH Signal】Bearish continuation, 1H Bollinger Band lower band broken, deep imbalance


$ETH RSI 1H only 23.6, 4H MACD green bars continue to expand. The buy/sell depth ratio of 0.04 reveals almost no resistance from selling pressure. The lower Bollinger Band is repeatedly broken through by solid candles, indicating that bearish momentum has not weakened. Although the funding rate is negative, OI remains stable, suggesting that the main short sellers have not exited.
🎯Direction: Short
⚡Entry/Order: 1589.716 - 1594.500
🛑Stop Loss: 1674.225
🚀Target 1: 1474.913
🚀Target 2: 1415.119
🛡️Trade Management: - Execute strategy: after reaching Target 1, reduce position by 50%, and move the stop loss to break-even. If the price falls back into the entry zone, automatically exit to protect capital.
Order book buy orders are almost exhausted, and each rebound is pushed back down. Under this structure, the continuation of the bearish trend often exceeds most people's expectations. Quick take profit and trailing stops are key to survival.
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GateUser-e0d5b36d
· 4h ago
Take profit at 1474?
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