Trade Idea: LINK SHORT

Opened 2025-10-10 23:26:14 · Valid until 2025-10-11 23:26:14 · Closed 2025-10-10 23:35:02

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 PENDING RR 1.75 Conf 75% Scalp hours

Entry 17.20000000

Stop 17.50000000

TP 16.80000000 / 16.50000000 / 16.20000000

Live 17.31000000

ROI -0.64% (vs entry)

Thesis and checks

Current market conditions indicate a strong bearish trend for Chainlink (LINK) following a significant drop in price. The following analysis supports a short scalp opportunity:

5m Chart: A bearish engulfing candle has formed, indicating potential continuation of the downtrend.
15m Chart: The RSI is showing overbought conditions, suggesting a reversal may be imminent.

Trade ideas are educational. Manage risk and position size.