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Trade Idea: SOL SHORT

Opened 2026-04-02 13:25:52 · Valid until 2026-04-03 13:25:52 · Triggered 2026-04-02 13:29:01 · Closed 2026-04-02 14:37:01
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
77.49000000
Stop
79.00000000
Targets
75.50000000 / 74.50000000 / 73.80000000
Live price
86.25000000
Live ROI
-11.30% vs entry
Idea ID
#10067
Now Entry Stop TP
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Thesis and checks

Current price action and multi-timeframe analysis suggest a short scalp opportunity on SOL.

  • 5m chart: Bearish momentum with lower highs and lower lows, indicating short-term selling pressure.
  • 15m chart: Price rejected at resistance near $78 with bearish engulfing candle confirming sellers.
  • 1h chart: Downtrend continuation confirmed by moving averages aligned bearish and RSI below 50.
  • Stop placed above recent resistance at $79 to limit risk.
  • Targets set near recent support levels to maximize reward with RR above 1.6.

Trade ideas are educational. Manage risk and position size.