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Trade Idea: SOL LONG

Opened 2026-02-28 21:00:46 · Valid until 2026-03-01 21:00:46 · Triggered 2026-02-28 21:03:01 · Closed 2026-02-28 21:13:01
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 6-12 hours
Entry
84.80000000
Stop
83.50000000
Targets
86.00000000 / 87.20000000 / 88.00000000
Live price
84.54000000
Live ROI
-0.31% vs entry
Idea ID
#8373
Now Entry Stop TP
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Thesis and checks

Solana (SOL) shows a strong short-term bullish setup across multiple timeframes indicating a high-probability scalp trade.

  • 5m chart: Price recently bounced off a support zone near 84.5 with a bullish engulfing candle, signaling immediate buying pressure.
  • 15m chart: RSI is rising from oversold levels and price is above the 20 EMA, confirming momentum shift.
  • 1h chart: Price is in an uptrend with higher lows and a recent break above a minor resistance at 84.7, suggesting continuation.
  • The 24h change of +4.04% supports bullish sentiment.
  • Risk-reward ratio is 1.8 with tight stop below 83.5 and targets near recent minor resistance levels, fitting a scalp timeframe.

Trade ideas are educational. Manage risk and position size.