$ETH Signal: Short term bearish; 4H MACD is diverging downward


$ETH RSI is 41.9. The 4H MACD negative bars accelerate expansion; price is running close to the lower Bollinger Band at 1764. The buy-side depth is 2.78 yet hasn’t been able to push the price up, and downside support at low levels is weak.

🎯 Direction: Short

⚡ Entry: 1760.2733 - 1765.5700

🛑 Stop loss: 1807.1468

🚀 Target 1: 1703.2047

🚀 Target 2: 1672.0221

🛡️ Trade management: When Target 1 is reached, cut 50% of the position and move the stop loss to the entry level. If the price rebounds to above the entry zone, exit at breakeven.

Depth logic: The 4H bearish structure is solid. The 1H has a rebound with shrinking volume but has not broken through the EMA50 resistance. The current risk-reward ratio is 1.5, which is worth betting on the trend continuation.

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