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【$ETHUSDT】Don't rush to buy the dip/chase the rally, check this first
$ETH Intraday regular volatility period, price stuck around 2155, buy side depth clearly superior to sell side, but the 2160-2165 area overhead is extremely thick with orders, forming natural resistance. Four-hour MACD bearish momentum continues to contract, one-hour shows bullish strength is declining, typical range-bound oscillation signal. Open interest stable, funding rate slightly positive, indicating both longs and shorts are watching, neither side holds absolute advantage. Chasing longs at this level equals throwing money away, risk-reward ratio not worth it. At current price around 2155 you can light short position, stop loss placed above 2162, first target 2140, if broken then watch 2125. Take profit in batches, prevent fake breakout.
Check real-time chart 👇 $ETH
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