Trade Idea: SOL SHORT

Opened 2026-02-08 20:15:45 · Valid until 2026-02-09 20:15:45 · Triggered 2026-02-08 20:29:01 · Closed 2026-02-08 21:48:02

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 CLOSED RR 1.75 Conf 78% Scalp hours

Entry

87.57000000

Stop

88.20000000

Targets

86.50000000 / 86.00000000 / 85.50000000

Live price

86.79000000

Live ROI

0.89% vs entry

Idea ID

#7702

Now Entry Stop TP

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Thesis and checks

Analyzing SOL on multiple timeframes reveals a short opportunity with strong confluence:

5m chart: Recent bearish engulfing candle near resistance at $88 signals short-term selling pressure.
15m chart: RSI trending down from overbought levels confirms momentum shift to downside.
1h chart: Price rejected the $88.20 resistance level twice, indicating strong supply zone.
Current price near resistance with stop just above $88.20 limits risk, while targets near recent support levels offer favorable reward.

Trade ideas are educational. Manage risk and position size.