Trade Idea: ATOM SHORT

Opened 2025-10-11 01:27:06 · Valid until 2025-10-12 01:27:06 · Closed 2025-10-11 02:27:01 · Triggered 2025-10-11 01:28:02

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 CLOSED RR 2.00 Conf 75% Scalp hours

Entry 2.90000000

Stop 3.10000000

TP 2.70000000 / 2.50000000 / 2.30000000

Live 3.19000000

ROI -10.00% (vs entry)

Thesis and checks

The current market conditions for Cosmos Hub (ATOM) indicate a strong bearish sentiment following a significant drop in price.

5m Chart: A bearish engulfing pattern has formed, suggesting a continuation of the downward trend.
15m Chart: The RSI is showing overbought conditions, indicating a potential reversal.

Trade ideas are educational. Manage risk and position size.