$ETH Signal】Bearish continuation + 1H broke below Bollinger Bands


$ETH RSI 23.57, 1H/4H MACD death cross expanding, Bollinger lower band lost. Sell orders continue to push price down, buy orders are quickly broken through.

🎯Direction: Short

⚡Entry/Limit Order: 1565.7785 - 1570.4900

🛑Stop Loss: 1586.1949

🚀Target 1: 1546.9327

🚀Target 2: 1535.1540

🛡️Trade Management:
- Execution strategy: After reaching target 1, reduce position by 50% and move stop loss to breakeven. If price falls back to entry, exit automatically to protect capital.

Current funding rate -0.0077%, OI stable, selling pressure not exhausted. Chasing short in such extreme oversold conditions has average risk-reward, but the trend is intact. Rather than waiting for a bounce to short, entering directly is better.

Check real-time chart 👇 $ETH
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ETH-3.09%
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