【$ETH Signal】Weak Rebound, High Short Opportunity in Bearish Structure
$ETH price pulled back after rallying on the 4H level, forming a long upper shadow (phenomenon), but during the rebound process, trading volume shrinks, buy pressure is weak, and market logic suggests bearish forces have regained dominance again (fund verification). Price is blocked at key resistance (around 2350), combined with 1H level RSI pulling back from overbought zone, indicating short-term bullish momentum has exhausted, bearish structure prevails (conclusion).
🎯 Direction: Short
⚡ Entry: 2330 - 2335
🛑 Stop Loss: 2356.7 (above prior high)
🚀 Targets: 2289.8 / 2253.6
🛡 Strategy: Once price touches the first target level, you can move stop loss down to entry level to lock in profits and play for the second target.
【$ETH Signal】Weak Rebound, High Short Opportunity in Bearish Structure
$ETH price pulled back after rallying on the 4H level, forming a long upper shadow (phenomenon), but during the rebound process, trading volume shrinks, buy pressure is weak, and market logic suggests bearish forces have regained dominance again (fund verification). Price is blocked at key resistance (around 2350), combined with 1H level RSI pulling back from overbought zone, indicating short-term bullish momentum has exhausted, bearish structure prevails (conclusion).
🎯 Direction: Short
⚡ Entry: 2330 - 2335
🛑 Stop Loss: 2356.7 (above prior high)
🚀 Targets: 2289.8 / 2253.6
🛡 Strategy: Once price touches the first target level, you can move stop loss down to entry level to lock in profits and play for the second target.
View Live Chart 👇 $ETH
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