$ETH Signal | Bear Trap | Deep Order Book Depth


$ETH Order book depth is 6.46, but the price has closed three consecutive 1H candles sideways between 1727-1730, with selling pressure continuously suppressing. The 4H Bollinger middle band at 1730 has been broken, but the rebound is weak, and the 1H MACD shows a dead cross with expanding green bars. This divergence between depth and price suggests a short-term move downward to seek support.

🎯Direction: short

⚡Entry/Order: 1724.5508 - 1729.7400

🛑Stop Loss: 1747.0374

🚀Target 1: 1703.7939

🚀Target 2: 1690.8209

🛡️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.

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