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【$ETH Signal】Weak Bounce, Pending Short Order Under Bearish Structure
$ETH price pulled back sharply after bouncing to the previous high near 2377 at the 4H level, forming a clear upper wick that indicates heavy selling pressure overhead. Trading volume contracted during the bounce with weak buying power, while market logic suggests 'weak bounce, bears regain dominance', confirming failed bullish counterattack by funds. Combined with RSI declining from highs on the 1H level, current price consolidating narrowly around 2334, showing typical weakness pattern and indicating a continuation of the downtrend.
🎯 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 zero-risk position management on remaining contracts.
View Live Market 👇 $ETH
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