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Trade Idea: SOL LONG

Opened 2026-04-08 00:35:47 · Valid until 2026-04-09 00:35:47 · Triggered 2026-04-08 01:13:01 · Closed 2026-04-08 14:11:01
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 1.70 Conf 85% Scalp 6-12 hours
Entry
84.80000000
Stop
83.50000000
Targets
86.00000000 / 87.20000000 / 88.00000000
Live price
85.63000000
Live ROI
0.98% vs entry
Idea ID
#10275
Now Entry Stop TP
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Thesis and checks

Solana (SOL) shows strong bullish momentum across multiple timeframes, supporting a high-probability scalp long trade.

  • 5m chart: Price recently bounced off a key support level near $83.5 with a bullish engulfing candle, signaling short-term reversal.
  • 15m chart: RSI is rising from oversold levels and price is above the 20 EMA, confirming upward momentum.
  • 1h chart: Price has broken above a descending trendline resistance and is consolidating near $84.8, indicating potential continuation.
  • Risk-reward ratio is favorable at 1.7 with tight stop below $83.5 support and targets near recent highs.

Trade ideas are educational. Manage risk and position size.