$ETH Signal: 1H bullish momentum exhaustion, shorts lurking


$ETH After hitting 1592, the 1H chart quickly pulled back, with buy-side depth accounting for only 44%, and sell-side pressure continuing to release. The 4H Bollinger Band middle line at 1592 forms resistance. MACD histogram on the 1H timeframe is shrinking continuously, with bullish momentum weakening noticeably. The funding rate at -0.001% is neutral, shorts have not yet entered in large numbers, leaving some room. The current price is under pressure around 1589, with liquidity concentrated in the 1580 area below but without effective volume absorption.
🎯Direction: Short
⚡Entry / Limit Order: 1584.3427 - 1589.1100
🛑Stop Loss: 1643.7625
🚀Target 1: 1507.1312
🚀Target 2: 1466.1419
🛡️Trade Management: - Execution strategy: After reaching Target 1, reduce position by 50% and move stop loss to breakeven. If price falls back to entry level, exit automatically to protect capital.
Current risk-reward ratio is about 1:1.5, within the acceptable range. If the 1H chart breaks above 1592 with volume again, caution is needed, but under the current structure, shorts have a higher probability. Watch whether support at 1580 is lost; if lost, it will accelerate the decline.
View real-time quotes 👇 $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 #美光市值超越Meta跻身全美前十 #哥伦比亚VS葡萄牙
ETH0.34%
View Original
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
  • Pinned