$ETH Signal | Bears break below + 1H Bollinger lower band fails


$ETH 1H RSI 37.04, the price directly pierces the Bollinger lower band at 1900.84. 4H MACD green histogram continues to expand, and bearish momentum shows no signs of waning. Buy order depth is 6.34x, but the price doesn’t rise—support orders are essentially ineffective.

🎯Direction: short

⚡Entry/limit order: 1895.098 - 1900.800

🛑Stop loss: 1937.954

🚀Target 1: 1845.069

🚀Target 2: 1817.204

🛡️Trade management: After reaching target 1, cut 50%, and move the stop loss up to breakeven. If price drops back to the entry zone, exit automatically to protect principal.

Current reward-to-risk is 1.5, downside room is about $60, and upside stop-loss room is about $40; the short setup offers a decent cost-effectiveness. Funding rate is negative but extremely small. Market sentiment is neutral-to-bearish, and stable open interest suggests bears are not overly crowded, so follow-through is promising.

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