Trade Idea: LINK SHORT

Opened 2025-10-21 17:36:00 · Valid until 2025-10-22 17:36:00 · Closed 2025-10-21 20:15:03 · Triggered 2025-10-21 18:17:01

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 1.75 Conf 75% Scalp hours

Entry 18.25000000

Stop 18.40000000

TP 18.10000000 / 18.00000000 / 17.90000000

Live 17.32000000

ROI 5.10% (vs entry)

Thesis and checks

Shorting Chainlink (LINK) presents a favorable opportunity based on recent price action and technical indicators.

The 5m chart shows a bearish divergence with the RSI indicating weakening momentum as price approaches resistance at $18.40.
On the 15m chart, a recent bearish engulfing candle has formed, suggesting a potential reversal from the current price level.

Trade ideas are educational. Manage risk and position size.