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Trade Idea: LINK SHORT

Opened 2025-09-24 04:31:08 · Valid until 2025-09-25 04:31:08 · Closed 2025-09-24 04:43:01
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 PENDING RR 1.60 Conf 75% Scalp hours
Entry 21.10000000
Stop 21.30000000
TP 20.90000000 / 20.70000000 / 20.50000000
Live 17.39000000
ROI 17.58% (vs entry)

Thesis and checks

Current market conditions suggest a potential short opportunity for Chainlink (LINK).

  • 5m Chart: A bearish divergence is forming, indicating weakening momentum at current price levels.
  • 15m Chart: The price is approaching a resistance zone around $21.30, which aligns with recent highs.

Trade ideas are educational. Manage risk and position size.