Trade Idea: OP SHORT

Opened 2025-09-24 08:01:40 · Valid until 2025-09-25 08:01:40 · Closed 2025-09-24 16:11:01 · Triggered 2025-09-24 15:53:01

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 2.00 Conf 75% Scalp hours

Entry 0.69900000

Stop 0.70500000

TP 0.69500000 / 0.69200000 / 0.68800000

Live 0.42981100

ROI 38.51% (vs entry)

Thesis and checks

Current analysis indicates a potential short opportunity for Optimism (OP).

The 5m chart shows a bearish divergence with decreasing volume, suggesting weakening buying pressure.
On the 15m chart, a recent rejection at the resistance level of $0.705 aligns with the overall downtrend observed in the 1h timeframe.

Trade ideas are educational. Manage risk and position size.