【$ETH Signal】1H Bearish Continuation + Funding Rate Negative

$ETH Current price 1647, 1H MACD histogram continues to diverge downward, RSI 50.73 below the midline, showing no rebound strength.
The 4H Bollinger Band middle line at 1653 acts as resistance, and the price has closed below it for two consecutive hours.
Market depth shows buy orders account for 1.79, but the price has not stabilized effectively, and selling pressure is still accumulating.
Funding rate -0.0025%, short positions have a relatively low cost, and there is a higher probability of testing lower support levels in the short term.
🎯Direction: short
⚡Entry/Order: 1641.7499 - 1646.6900
🛑Stop loss: 1663.1569
🚀Target 1: 1621.9896
🚀Target 2: 1609.6395
🛡️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.
Current risk-reward ratio is about 1.5, with a stop loss of approximately 1%, meeting intraday short-term risk control standards.
View real-time market 👇 $ETH
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