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Trade Idea: LINK SHORT

Opened 2025-09-28 10:11:02 · Valid until 2025-09-29 10:11:02 · Closed 2025-09-28 13:26:01 · Triggered 2025-09-28 12:40:03
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 2.00 Conf 75% Scalp hours
Entry 20.50000000
Stop 20.70000000
TP 20.30000000 / 20.10000000 / 19.90000000
Live 17.39000000
ROI 15.17% (vs entry)

Thesis and checks

Current analysis indicates a potential short opportunity for Chainlink (LINK) based on recent price action and technical indicators.

  • 5m Chart: A bearish divergence is observed, indicating weakening momentum as price approaches the resistance level around $20.70.
  • 15m Chart: The RSI is showing overbought conditions, suggesting a potential reversal is imminent.

Trade ideas are educational. Manage risk and position size.