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【$ETH Signal】Bears continue, short on bounce to resistance zone
$ETH RSI 32, 1H bounce failed to hold above EMA20, obvious resistance from Bollinger Band midline. 4H MACD histogram continues to expand, bearish momentum not exhausted. Insufficient buy-side depth, selling pressure absorbed slowly. The current 1560-1564 range is the retracement resistance after the 1H previous low breakdown, with weak support from funds. Short-term shorting logic is clear.
🎯Direction: short
⚡Entry: 1559.6171 - 1564.3100
🛑Stop Loss: 1579.9531
🚀Target 1: 1540.8454
🚀Target 2: 1529.1130
🛡️Trade Management:
- At Target 1, reduce position by 50%, move stop loss to entry. If price bounces to stop loss, exit.
View real-time quotes 👇 $ETH
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