$ETH Signal】1H bearish momentum continues, deep selling pressure dominates


$ETH Bid/Ask depth ratio 0.11, sell side overwhelmingly dominant. 4H MACD bearish momentum bars continue to expand, Bollinger lower band 1520 about to be touched. 1H rebound highs gradually lowering, 1566-1570 forms new resistance area. Volume increases during decline, buying support is weak.

🎯Direction: short

⚡Entry / Limit order: 1530.4548 - 1535.0600

🛑Stop loss: 1608.2332

🚀Target 1: 1425.3003

🚀Target 2: 1370.4204

🛡️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 principal.

Two consecutive bearish candlesticks break below 1526 within half an hour, bearish momentum accumulating. Current risk-reward ratio is about 1.5, but RSI has entered oversold area (32), rebound risk needs to be incorporated into position management.

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