Trade Idea: SOL SHORT

Opened 2026-04-11 14:50:44 · Valid until 2026-04-12 14:50:44 · Closed 2026-04-11 19:09:01

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 PENDING RR 1.80 Conf 75% Scalp hours

Entry

84.34000000

Stop

85.00000000

Targets

83.50000000 / 83.00000000 / 82.70000000

Live price

88.40000000

Live ROI

-4.81% vs entry

Idea ID

#10408

Now Entry Stop TP

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Thesis and checks

Analyzing SOL on 5m, 15m, and 1h charts reveals bearish confluence suitable for a short scalp trade.

5m chart: Price shows a clear rejection at resistance near 84.50 with bearish engulfing candle formation.
15m chart: RSI is trending down from overbought levels, indicating momentum loss.
1h chart: Price is below the 20 EMA and 50 EMA, confirming short-term bearish trend.
Stop placed just above recent resistance at 85.00 to limit risk.
Targets set near recent support levels around 83.50, 83.00, and 82.70 to secure profits within hours.

Trade ideas are educational. Manage risk and position size.