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Trade Idea: SOL SHORT

Opened 2026-04-02 01:30:45 · Valid until 2026-04-03 01:30:45 · Triggered 2026-04-02 01:34:02 · Closed 2026-04-02 06:29:01
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.
SHORT CLOSED RR 1.80 Conf 75% Scalp hours
Entry
79.85000000
Stop
81.00000000
Targets
78.50000000 / 77.80000000 / 77.20000000
Live price
84.62000000
Live ROI
-5.97% vs entry
Idea ID
#10045
Now Entry Stop TP
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Thesis and checks

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

  • 5m and 15m charts: Price is below the short-term moving averages with bearish momentum and a recent breakdown below a minor support level near $80.
  • 1h chart: Confirms a downtrend with lower highs and lower lows, plus RSI is below 50 indicating bearish pressure.
  • The 24h change of -3.69% supports continuation of downside momentum.
  • Risk-reward ratio is favorable at 1.8 with tight stop above recent resistance at $81 and targets near recent support levels.

Trade ideas are educational. Manage risk and position size.