$ETH Signal: 4H Bearish continuation, 1H rebound fails, short position setup


$ETH Deep imbalance -28.4%, sell orders clearly walling. 1H MACD bullish crossover but momentum bars narrowing, Bollinger Bands tightening indicating a reversal is imminent. 4H MACD bars are narrowing but still below zero line, moving average alignment is bearish. Funding rate -0.0034%, very weak bullish sentiment.

🎯Direction: Short

⚡Entry/Order: Around current price 2317, or rebounding to 2328-2335 zone, staggered short entries

🛑Stop Loss: 2361.84

🚀Target 1: 2284.17

🚀Target 2: 2258.28

🛡️Trade Management:
Reduce position by 50% at Target 1, move stop loss down to entry point. For the remaining position, watch Target 2; if price rebounds and breaks the stop loss, exit.

1H rebound stalls near EMA50, buying pressure unable to absorb selling, capital support is tentative. Risk-reward ratio 2:1, worth betting on this wave of accelerated correction.

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ETH-0,63%
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IJustCameToSeeTheP
· 9h ago
Buy the dip 😎
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IJustCameToSeeTheP
· 9h ago
Buy the dip 😎
View OriginalReply0
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