$ETH Signal: Bearish acceleration, continuing to dump in oversold zone


$ETH RSI 4H dropped to 23.6, Bollinger Bands lower band fully open, price running below the lower band. MACD 1H green bars continue to expand, bearish momentum not exhausted. Bid-ask depth ratio 5.25, seller orders overwhelming advantage. This round of dumping is extremely fast, market panic not yet fully released.
🎯Direction: short
⚡Entry/Pending order: 1565.78 - 1570.49
🛑Stop loss: 1586.19
🚀Target 1: 1546.93
🚀Target 2: 1535.15
🛡️Trade Management:
- Execution strategy: After reaching target 1, reduce position by 50% and move stop loss to breakeven. If price falls back to entry, automatically exit to protect capital.
Current negative funding rate -0.0077% but no sign of large-scale short squeeze, bears dominate the rhythm, it's more prudent to wait for weak rebound before entering in batches.
View real-time market 👇 $ETH
---
Follow me: Get more real-time crypto market analysis and insights! $BTC $ETH $SOL
#0成本拿2股SK海力士 #以太坊基金会重组降本 #苏格兰VS巴西
ETH-5.16%
BTC-4.15%
SOL-4.23%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments