Trade Idea: SOL SHORT

Opened 2026-03-02 04:00:48 · Valid until 2026-03-03 04:00:48 · Triggered 2026-03-02 04:03:01 · Closed 2026-03-02 07:10:04

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 1.70 Conf 75% Scalp hours

Entry

84.81000000

Stop

86.00000000

Targets

83.00000000 / 82.20000000 / 81.50000000

Live price

84.91000000

Live ROI

-0.12% vs entry

Idea ID

#8487

Now Entry Stop TP

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Thesis and checks

Solana (SOL) shows a short scalp opportunity based on multi-timeframe analysis:

5m chart: Price is below the 20 EMA with bearish momentum and a recent bearish engulfing candle, indicating short-term selling pressure.
15m chart: Price failed to break above a resistance zone near 85.50 and formed lower highs, confirming short bias.
1h chart: Downtrend persists with price below the 50 EMA and RSI below 50, supporting continuation of bearish move.
Risk-reward ratio is favorable at 1.7 with stop above recent resistance and targets near recent support levels close to current price.

Trade ideas are educational. Manage risk and position size.