Trade Idea: SOL SHORT

Opened 2026-03-07 19:30:45 · Valid until 2026-03-08 19:30:45 · Triggered 2026-03-07 19:35:02

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 LIVE RR 1.80 Conf 75% Scalp hours

Entry

82.95000000

Stop

84.10000000

Targets

81.50000000 / 80.75000000 / 80.00000000

Live price

83.12000000

Live ROI

-0.20% vs entry

Idea ID

#8844

Now Entry Stop TP

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Thesis and checks

Short setup on SOL based on multi-timeframe confluence and momentum signals:

5m chart: Price shows a lower high pattern with bearish engulfing candle, indicating short-term selling pressure.
15m chart: RSI is below 50 and trending down, confirming momentum to the downside.
1h chart: Price is below the 20 EMA and 50 EMA, with a recent bearish crossover, supporting continuation of the downtrend.
Current 24h change is -3.05%, showing overall bearish sentiment.
Risk-reward ratio above 1.6 with tight stop above recent resistance at 84.10 and targets near support levels close to current price.

Trade ideas are educational. Manage risk and position size.