Technical analysis by peterbokma about Symbol ETH: Sell recommendation (5/12/2025)

It is extremely oversold and it appears to defy gravity. This does not make sense, and when something does not make sense, common sense prevails. we got a clear "false Bull flag" pattern and overtime we should gravitate towards the start of the pole.Strategy SELL and SCALE more SELL into strength LOW LEVERAGE PLEASE @ $ 2,575-2,650 and take profit near $ 2,075 first.