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Trade Idea: SOL LONG

Opened 2026-03-02 15:30:49 · Valid until 2026-03-03 15:30:49 · Triggered 2026-03-02 15:43:01 · Closed 2026-03-02 16:11:01
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
87.86000000
Stop
86.50000000
Targets
89.00000000 / 90.00000000 / 90.75000000
Live price
84.91000000
Live ROI
-3.36% vs entry
Idea ID
#8532
Now Entry Stop TP
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Thesis and checks

Solana (SOL) shows a bullish confluence across multiple timeframes suitable for a scalp trade:

  • 5m chart: Price recently bounced off a short-term support near 87.50 with a bullish engulfing candle, indicating immediate buying interest.
  • 15m chart: RSI is rising from oversold levels and price is above the 20 EMA, suggesting momentum is shifting upward.
  • 1h chart: Price is in a minor uptrend with higher lows and approaching resistance around 90, providing clear take profit zones.
  • The 24h change is positive (+1.9%), reinforcing short-term bullish sentiment.
  • Risk-reward is favorable at ~1.8 with stop just below recent support and targets near resistance levels.

Trade ideas are educational. Manage risk and position size.