Yes. It is the adverb form of the adjective sharp, and meaning
keenly, strongly, or tersely.
His skills had been sharply honed by practice.
The car turned sharply to the left.
He spoke sharply to his assistant.
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The car turned the corner so sharply, that it went up on two
wheels!
He answers pointed questions sharply.
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He was pierced in the chest sharply because of falling glass.
The note was played sharply because of the flute players hard
breathing. Her words came out sharply, more so than she
intended.