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【$ETHUSDT】Long and Short Game Reaches White Heat
$ETH During regular intraday fluctuation period, price is stuck near the lower band of Bollinger Bands, RSI 35.5 shows oversold but hasn't bottomed. 4-hour MACD histogram negative values narrowing, bearish momentum weakening but not reversed. Key is watching order book, sell1 2078.97 accumulating 124 ETH, buy1 2078.96 only 0.024 ETH, depth imbalance -77.83%, selling pressure extremely heavy above. Chasing longs at this level equals throwing money away, weak rebounds are the best proof.
Direction: Stay in Cash
Pending Orders: Light position trying long near 2065, strict stop loss below 2026.
Target 1: 2120
Target 2: 2180
Trade Management: Risk-reward ratio 4:1, keep position light, abandon if rebound fails to break 2100.
View Real-time Market 👇 $ETH
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