$ETH Signal: 4H Bollinger middle band resistance, 1H bullish momentum weakening, short position sniper


$ETH 4H Bollinger middle band at 1655.6 forming resistance, 1H MACD histogram three consecutive decreasing bars, bullish momentum significantly weakened. The order book sell orders and depth are 17% overbought, selling pressure continues to accumulate. Current price is close to 1664 stop-loss level, risk-reward ratio 1.5.
🎯Direction: short
⚡Entry/Order: 1642.757 - 1647.700
🛑Stop-loss: 1664.177
🚀Target 1: 1622.985
🚀Target 2: 1610.627
🛡️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 into the entry zone, automatically exit to protect capital.
1H RSI drops below 50, increasing the probability, multi-timeframe bearish resonance has not yet formed, but short-term resistance is clear.
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ETH-0.64%
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GateUser-84514842
· 2h ago
it may reach 1680 1690 first
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