$ETH Signal】Short Squeeze: 4H Bollinger Band middle line resistance, 1H rebound momentum weakening


$ETH 1H MACD bullish crossover but decreasing histogram, after rebounding to 1692, selling pressure sharply increases, 4H Bollinger Band middle line at 1703 forms a strong resistance, current price around 1658 with weak buy depth, Bid/Ask Ratio 0.41 reveals a break in support.

🎯Direction: short

⚡Entry/Order: 1653.36 - 1658.34

🛑Stop Loss: 1674.92

🚀Target 1: 1633.46

🚀Target 2: 1621.03

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

Depth Logic: The 4H downtrend remains intact, 1H rebound highs are decreasing sequentially, RSI on 1H is only 39.99, still in weak zone, funding rate at 0.003% is neutral to slightly low, short positions are manageable cost-wise. Risk-reward ratio 1.5, current price offers clear entry value.

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