$ETH Signal】1H Bollinger upper band resistance, short-term short position targeting


$ETH 1594.33, 1H Bollinger upper band converges with MA50, MACD histogram has three consecutive shrinking bars. Buy order depth ratio is 2.89, but price failed to break through the 1600 integer level. RSI 1H is at 56.25 and pulling back, 4H MACD is turning red but the histogram growth is slowing.

🎯Direction: short

⚡Entry/Order: 1592.00 (within the range)

🛑Stop loss: 1659.9645

🚀Target 1: 1495.8782

🚀Target 2: 1446.6523

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

Depth logic: The 4H bottom rebound volume is slightly insufficient, open interest has not increased accordingly, and the funding rate remains negative, indicating bulls are not aggressively adding positions. The 1590-1600 zone is a previous dense trading area, and buying support needs to be verified. From the risk-reward perspective, a 1:1.5 return offers a betting value for short-term shorts.

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