$ETH Signal: 4H Bollinger upper band resistance, 1H weak rebound, short position lurking


$ETH Buy depth 1.55x but 4H Bollinger upper band 1598.7 unbroken, 1H MACD bearish histogram contracting, current price 1574.7. Sell orders clustered at 1582-1585, funding rate 0.0014% neutral to low.

🎯Direction: Short

⚡Entry/Pending Order: 1569.9958 - 1574.7200

🛑Stop Loss: 1590.4672

🚀Target 1: 1551.0992

🚀Target 2: 1539.2888

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

Short stop loss set above the previous high, risk-reward ratio of 1.5 sufficient to handle false breakout. 4H RSI at 43.5 not oversold, downside potential expected.
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ETH-1.17%
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