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Trade Idea: SOL LONG

Opened 2026-05-06 10:36:48 · Valid until 2026-05-07 10:36:48 · Triggered 2026-05-06 10:38:02 · Closed 2026-05-06 13:13:01
How this works. Pending means price has not hit entry. Live means entry was hit and the trade is active until TP or SL or expiry. Closed means TP or SL hit, or expired. Times are UTC. Educational use only.
LONG CLOSED RR 1.43 Conf 78% Scalp 30-60 minutes
Entry
89.50000000
Stop
88.80000000
Targets
90.50000000 / 91.20000000 / 91.80000000
Live price
64.20000000
Live ROI
-28.27% vs entry
Idea ID
#11171
Now Entry Stop TP
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Thesis and checks

Immediate long scalp opportunity on SOL based on short-term momentum and support confluence.

  • 1m and 5m chart structure: Price recently bounced off a strong support level around 88.80, forming a higher low and showing bullish momentum on the 1m and 5m charts.
  • Volume spike and bullish candle: Increased buying volume accompanied the 5m bullish engulfing candle near 88.80, confirming demand.
  • 24h price action: Positive 5.6% daily change supports continuation of upward momentum.
  • Entry near current price (89.50) allows quick trigger with tight stop below 88.80 support.
  • Targets set at recent minor resistance levels for quick profit-taking with a risk-reward ratio above 1.4.

Trade ideas are educational. Manage risk and position size.