【$ETH Signal】1H deep drop + buy-side gap, shorts continue

$ETH RSI 1H 28.13, with the buy-side depth only 0.27; sell pressure keeps flowing out. The 1H lower Bollinger Band at 1877 has already been pierced, and no exhaustion is seen in bearish momentum. The 4H MACD negative bars have widened again, with clear trend suppression. The order book is thin and the willingness to provide liquidity support is extremely weak. A risk-reward ratio of 1.5 makes participating with the short-term trend reasonable.
🎯 Direction: short
⚡ Entry/limit orders: 1872.9144 - 1878.5500
🛑 Stop-loss: 1897.3355
🚀 Target 1: 1850.3718
🚀 Target 2: 1836.2826
🛡️ Trade management:
- Execution strategy: After reaching Target 1, reduce position size by 50%, and move the stop-loss up to break-even. If price drops back to the entry zone, automatically exit to protect principal.
With consecutive 1H closes in the red and volume expanding during the selloff, the rebound-buying/absorption strength is weak. Even if an oversold bounce occurs, the bearish structure is hard to change in the short term, and betting on a further breakdown is smoother.
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