Trade Idea: LINK SHORT

Opened 2026-03-01 20:16:03 · Valid until 2026-03-02 20:16:03 · Triggered 2026-03-01 20:18:02

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 LIVE RR 1.75 Conf 78% Scalp hours

Entry

8.64000000

Stop

8.80000000

Targets

8.50000000 / 8.40000000 / 8.30000000

Live price

8.61000000

Live ROI

0.35% vs entry

Idea ID

#8455

Now Entry Stop TP

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Thesis and checks

Chainlink (LINK) shows bearish momentum across multiple timeframes, supporting a short scalp opportunity.

5m chart: Recent bearish engulfing candle and price rejection near $8.65 resistance.
15m chart: RSI trending down from overbought levels, confirming short-term weakness.
1h chart: Price below 20 EMA with lower highs forming, indicating sustained selling pressure.
Stop placed just above recent resistance at $8.80 to limit risk.
Targets set near recent support levels at $8.50, $8.40, and $8.30 for good risk-reward ratio above 1.6.

Trade ideas are educational. Manage risk and position size.