$ETH Signal | 1H bearish momentum released, Bollinger lower band breakout imminent


$ETH 1H MACD death cross accelerates, histogram negative value expands to -2.19, no strong buying support near Bollinger lower band 1560. 4H middle band 1582 resistance is obvious, bid depth only 0.98, willingness to support is weak. Spot selling pressure continues, short-term rebound is limited.
🎯Direction: Short
⚡Entry/Limit order: Enter in batches within 1559.5 - 1564.2 range
🛑Stop loss: 1579.9
🚀Target 1: 1540.8
🚀Target 2: 1529.1
🛡️Trade Management:
- Execution strategy: After reaching target 1, reduce position by 50% and move stop loss to breakeven. If price falls back to entry point, exit automatically to protect principal.
1H RSI 38.5 has not entered oversold territory, bears still have room to go down. 4H MACD is golden cross but volume is shrinking, bears dominate the long-short battle. Current risk-reward ratio is about 1.5, worth participating, but be cautious of rapid rebound after a low wick.
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