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Trade Idea: SOL SHORT

Opened 2026-04-02 14:40:46 · Valid until 2026-04-03 14:40:46 · Triggered 2026-04-02 15:19:01 · Closed 2026-04-03 07:40:04
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.
SHORT CLOSED RR 1.70 Conf 75% Scalp hours
Entry
79.04000000
Stop
80.00000000
Targets
77.80000000 / 77.20000000 / 76.70000000
Live price
85.92000000
Live ROI
-8.70% vs entry
Idea ID
#10072
Now Entry Stop TP
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Thesis and checks

Solana (SOL) shows a strong short scalp opportunity based on multi-timeframe analysis.

  • 5m chart: Recent bearish engulfing candle and price rejection at 79.50 resistance level.
  • 15m chart: Downtrend continuation confirmed by lower highs and lower lows with RSI below 50.
  • 1h chart: Price breaking below key support near 79.20 with increasing volume, confirming bearish momentum.
  • Risk-reward is favorable with stop just above recent resistance and three nearby take profit targets capturing incremental downside.

Trade ideas are educational. Manage risk and position size.