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@pretoninho
Pretoninus II Mod Trader FOUNDER
Mod Trader FOUNDER
ETH — RSI 28.7 · MACD bearish

The RSI is at 28.7 in the oversold zone.
The MACD is below the signal line, indicating a persistent bearish momentum. It's classic tension: the RSI screams rebound, the MACD says bearish momentum is not over yet.

Historically, RSI under 30 precedes bounces but without MACD confirmation the risk of a false signal is real.
ETH is technically weaker than BTC right now.

ETH oversold → potential technical rebound if the MACD flips. The first bullish MACD cross on ETH will be the entry signal to watch this week.
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May 21, 2026 · 05:53 AM · 17 views
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