$ETH Signal | 4H Bearish Continuation, Weak Rebound, Hanging High for Shorting


$ETH 4H MACD Bearish Bars Continue to Expand, Price Breaks Below EMA20/50, Bollinger Band Lower Band at 2252 is Imminent. Market Depth Imbalance -5.47%, Sell Wall Clearly Visible. Funding Rate Neutral, No Short Squeeze Conditions. Watch for Rebound to Resistance Above.
🎯Direction: Short (Place Order)
⚡Entry/Order: 2323.89
🛑Stop Loss: 2342.48
🚀Target 1: 2286.71
🚀Target 2: 2268.12
🛡️Trade Management: Reduce 50% at Target 1, Move Stop Loss to Entry Price. If Price Rebounds to 2342.48 and Stops Out, Loss is Limited. Personal judgment indicates the current risk-reward ratio isn't attractive, but encountering resistance during a rebound in a bearish trend is a common opportunity.
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