$ETH Signal: Bearish continuation, selling pressure dominant


$ETH Depth bid/ask ratio 0.12, sell wall pressure accumulating. 4H Bollinger lower band around 1540, 1H MACD green bars shrinking continuously, weak rebound. Price hugging below EMA20, hard to break out in short term.

🎯Direction: Short

⚡Entry/Limit Order: 1564.2830 - 1568.9900

🛑Stop Loss: 1629.6146

🚀Target 1: 1478.0531

🚀Target 2: 1432.5846

🛡️Trade Management:
- Execution strategy: Reduce 50% after reaching Target 1, and move stop loss to breakeven. If price falls back to entry, exit automatically to protect principal.

Selling orders keep stacking on the order book, 4H MACD death cross not repaired, every rebound faces selling pressure. Current risk-reward ratio is about 1:1.5, but downside space still needs verification.

Check live market 👇 $ETH
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