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$ATOM Rejected at Resistance – Downtrend May Continue
Cosmos ($ATOM ) faced a strong rejection near the $4.75 resistance zone, forming a clear lower high and continuing its bearish structure. Price is currently hovering around $4.56 with weak bullish momentum. If it fails to break back above $4.60, further downside toward $4.40–$4.30 is likely.
Trade Setup:
Type: SHORT
Entry: $4.58 – $4.62
Stop Loss: $4.68
Target 1: $4.48
Target 2: $4.38
Target 3: $4.30
#ATOM #CryptoTrading #Binance #ShortSetup #AltcoinAn
Cosmos ($ATOM ) faced a strong rejection near the $4.75 resistance zone, forming a clear lower high and continuing its bearish structure. Price is currently hovering around $4.56 with weak bullish momentum. If it fails to break back above $4.60, further downside toward $4.40–$4.30 is likely.
Trade Setup:
Type: SHORT
Entry: $4.58 – $4.62
Stop Loss: $4.68
Target 1: $4.48
Target 2: $4.38
Target 3: $4.30
#ATOM #CryptoTrading #Binance #ShortSetup #AltcoinAn
$ATOM Rejected at Resistance – Downtrend May Continue
Cosmos ($ATOM ) faced a strong rejection near the $4.75 resistance zone, forming a clear lower high and continuing its bearish structure. Price is currently hovering around $4.56 with weak bullish momentum. If it fails to break back above $4.60, further downside toward $4.40–$4.30 is likely.
Trade Setup:
Type: SHORT
Entry: $4.58 – $4.62
Stop Loss: $4.68
Target 1: $4.48
Target 2: $4.38
Target 3: $4.30
#ATOM #CryptoTrading #Binance #ShortSetup #AltcoinAn
Cosmos ($ATOM ) faced a strong rejection near the $4.75 resistance zone, forming a clear lower high and continuing its bearish structure. Price is currently hovering around $4.56 with weak bullish momentum. If it fails to break back above $4.60, further downside toward $4.40–$4.30 is likely.
Trade Setup:
Type: SHORT
Entry: $4.58 – $4.62
Stop Loss: $4.68
Target 1: $4.48
Target 2: $4.38
Target 3: $4.30
#ATOM #CryptoTrading #Binance #ShortSetup #AltcoinAn
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