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【$ETH Signal】Short position + 4H bearish trend unchanged, funding rate negative but buying support hard to sustain
$ETH Funding rate -0.0039% but buy depth of 2.45 supports the price, however the 4H MACD bearish trend remains unchanged, Bollinger Band middle band pressure around 2341. The 1H rebound is weak, trading volume shrinks, bulls have weak active offensive intent. Risk-reward ratio of 2x, worth betting.
🎯Go short directly at this level, enter at current price 2330, 🛑set stop loss above 2360.1. 🚀Target 1 at 2288.8, 🚀Target 2 at 2265.1.
🛡️Reduce 50% of position upon reaching Target 1, move stop loss to break-even at entry point. If price rebounds and breaks through the stop level, exit decisively, do not hold the position.
Check real-time market 👇 $ETH
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