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Trade Idea: SOL LONG

Opened 2026-04-16 18:35:50 · Valid until 2026-04-17 18:35:50 · Triggered 2026-04-16 18:38:02 · Closed 2026-04-16 18:53:01
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 1.80 Conf 75% Scalp hours
Entry
87.17000000
Stop
85.80000000
Targets
88.50000000 / 89.20000000 / 89.80000000
Live price
89.19000000
Live ROI
2.32% vs entry
Idea ID
#10649
Now Entry Stop TP
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Thesis and checks

Solana (SOL) shows a bullish confluence across multiple timeframes supporting a short-term long scalp:

  • 5m chart: Price recently bounced off a strong support zone near $86.90 with bullish RSI divergence and a 5-period EMA crossing above the 20 EMA, signaling short-term momentum upward.
  • 15m chart: Price is above the 50 SMA and forming higher lows, indicating a developing uptrend. MACD histogram is turning positive, confirming momentum.
  • 1h chart: SOL is in an overall uptrend with price above the 200 SMA and a recent breakout above a minor resistance at $87.00, suggesting continuation potential.
  • The 24h change of +2.75% supports bullish sentiment.
  • Risk-reward ratio is favorable at 1.8 with tight stop below recent support at $85.80 and targets near recent minor resistances.

Trade ideas are educational. Manage risk and position size.