【$ETH Signal】Short + 1H buying pressure exhaustion, funding rate in negative range

$ETH 1H MACD momentum histogram narrows to +2.4, and the buy-side push weakens across successive candles. Bid/Ask depth is 0.60, with sell-side order density more than 40% higher. The 4H Bollinger middle band is suppressed at 1884.35; the current price still has about 3% room to the upper band, but rebound momentum has not shown sustained strength.
🎯 Direction: short
⚡ Entry/limit orders: 1866.04 - 1871.23
🛑 Stop loss: 1889.94
🚀 Target 1: 1843.16
🚀 Target 2: 1829.13
🛡️ Trade management: - Strategy execution: after reaching Target 1, reduce position size by 50% and move the stop loss up to breakeven. If price falls back to the entry zone, automatically exit to protect principal.
Funding rate -0.0013% is not extremely low, but combined with stable OI and weak price rebound, the cost to establish a short position is low. 1H RSI at 56.9 is neutral to slightly high; if it drops below 50, it will accelerate. This trade’s risk-reward ratio is 1.5, worth a shot.
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