Trade Idea: LINK SHORT
Opened 2025-10-10 22:56:07 · Valid until 2025-10-11 22:56:07 · Closed 2025-10-10 23:26:02
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 PENDING RR 2.60 Conf 75% Scalp hours
Entry 16.63000000
Stop 17.00000000
TP
16.00000000 / 15.50000000 / 15.00000000
Live 17.31000000
ROI
-4.09%
(vs entry)
Thesis and checks
Current market conditions indicate a strong bearish trend for Chainlink (LINK) following a significant 24h price drop.
- The 5m chart shows a recent rejection at the $17.00 resistance level, indicating selling pressure.
- The 15m RSI is in the overbought territory, suggesting a potential reversal.
Trade ideas are educational. Manage risk and position size.