Trade Idea: SOL SHORT
Opened 2025-10-16 16:15:49 · Valid until 2025-10-17 16:15:49 · Closed 2025-10-16 17:01:02
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 2.50 Conf 75% Scalp hours
Entry 186.50000000
Stop 188.50000000
TP
184.00000000 / 182.00000000 / 180.00000000
Live 188.13000000
ROI
-0.87%
(vs entry)
Thesis and checks
The current market conditions for Solana (SOL) suggest a short opportunity based on recent price action and technical indicators.
- 5m Chart: A bearish engulfing pattern has formed, indicating strong selling pressure.
- 15m Chart: The RSI is showing overbought conditions, suggesting a potential reversal.
Trade ideas are educational. Manage risk and position size.