Trade Idea: ALGO SHORT

Opened 2026-05-01 14:37:56 · Valid until 2026-05-02 14:37:56 · Triggered 2026-05-01 14:46:02 · Closed 2026-05-01 16:05:02

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 1.50 Conf 75% Scalp 30-90 minutes

Entry

0.10860000

Stop

0.11000000

Targets

0.10650000 / 0.10550000 / 0.10450000

Live price

0.11595600

Live ROI

-6.77% vs entry

Idea ID

#11125

Now Entry Stop TP

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Thesis and checks

Current price shows a negative 24h momentum with a -2.2458% decline, indicating bearish pressure.

Confluence 1: 1m and 5m charts reveal a recent breakdown below a minor support level at $0.109, confirming short bias.
Confluence 2: 15m chart shows a bearish engulfing candle pattern near resistance, reinforcing potential for further downside.
Stop loss placed just above recent resistance to limit risk.
Targets set at nearby support levels for quick profit-taking aligned with scalp trading.

Trade ideas are educational. Manage risk and position size.