Trade Idea: SOL SHORT

Opened 2026-03-19 13:00:48 · Valid until 2026-03-20 13:00:48 · Triggered 2026-03-19 13:03:01 · Closed 2026-03-19 15:01:01

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.

SHORT CLOSED RR 1.75 Conf 78% Scalp hours

Entry

88.36000000

Stop

89.20000000

Targets

87.40000000 / 86.80000000 / 86.40000000

Live price

88.80000000

Live ROI

-0.50% vs entry

Idea ID

#9506

Now Entry Stop TP

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Thesis and checks

Solana shows a short-term bearish setup across multiple timeframes, ideal for a scalp trade.

5m chart: Price is below the 20 EMA with bearish momentum increasing, indicating short-term selling pressure.
15m chart: Bearish engulfing candle formed near resistance at $89, confirming rejection and potential continuation down.
1h chart: Downtrend confirmed with lower highs and lower lows; RSI is below 50 and trending down, supporting further downside.
Risk-reward ratio is favorable at 1.75 with tight stop above recent resistance and targets near recent support levels.

Trade ideas are educational. Manage risk and position size.