【$ETH Signal】Weak Rebound, Pending Short Orders in Bearish Structure
$ETH price rebounded to near the previous high of 2377 at the 4H level and then rapidly fell back, forming a prominent upper wick that shows heavy selling pressure above. Trading volume shrank during the rebound with weak buying power, while market logic suggests 'weak rebound, bearish forces regain control,' confirming that the bullish counterattack failed. Combined with the 1H RSI declining from highs, current price is oscillating narrowly around 2334, a typical weak consolidation pattern indicating a pullback continuation.
🎯 Direction: Pending Short
⚡ Entry: 2338 - 2342
🛑 Stop Loss: 2365
🚀 Target: 2285 / 2250
🛡 Strategy: Once price reaches Target 1, move stop loss to entry price for risk-free profit on remaining positions.
【$ETH Signal】Weak Rebound, Pending Short Orders in Bearish Structure
$ETH price rebounded to near the previous high of 2377 at the 4H level and then rapidly fell back, forming a prominent upper wick that shows heavy selling pressure above. Trading volume shrank during the rebound with weak buying power, while market logic suggests 'weak rebound, bearish forces regain control,' confirming that the bullish counterattack failed. Combined with the 1H RSI declining from highs, current price is oscillating narrowly around 2334, a typical weak consolidation pattern indicating a pullback continuation.
🎯 Direction: Pending Short
⚡ Entry: 2338 - 2342
🛑 Stop Loss: 2365
🚀 Target: 2285 / 2250
🛡 Strategy: Once price reaches Target 1, move stop loss to entry price for risk-free profit on remaining positions.
View Real-time Chart 👇 $ETH
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