$ETH Signal】SHORT · Bearish continuation, funding support fails


$ETH RSI 14 drops to 22, 1H Bollinger lower band at 1712 not broken but sell orders pile up. MACD 4H histogram still expanding, bearish momentum not exhausted. Market depth for buy orders is only 35%, very weak support.
🎯Direction: short
⚡Entry/Order: 1751.44
🛑Stop loss: 1768.95
🚀Target 1: 1725.17
🚀Target 2: 1712.03
🛡️Trade management: - Execute strategy: reduce 50% of position after reaching Target 1, and move stop loss to break-even. If price falls back into the entry zone, automatically exit to protect principal.
Funding rate data is blank but open interest remains flat, no signs of reversal in the bulls and bears battle. Current risk-reward ratio is 1.5, downside mainly driven by sell order depth.
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ETH-4.04%
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