$ATM /USDT – Breakout Rejected, Pullback in Play!⚠️📉
Current Price: $1.188 (+3.76%)
$ATM surged with a sharp breakout but faced rejection near the $1.30 mark, now retracing with lower highs forming.
Key Levels:
Resistance: $1.250 – $1.300
Support: $1.165 – $1.140
Short Trade Setup:
Entry Zone: $1.195 – $1.205 (bounce rejection zone)
🎯 TP1: $1.165
🎯 TP2: $1.140
🎯 TP3: $1.109
🛑 Stop-Loss: Above $1.225
Market Insight:
High volatility and fast profit-taking suggest a temporary top—watch for lower highs confirmation before shorting.
Pro Tip:
Secure profits quickly on this one—fan tokens often reverse aggressively. Use tight SL management.
This could be a clean short opportunity—watch the $1.20 zone closely!
#FOMCMeeting #USHouseMarketStructureDraft #BitcoinReserveDeadline #BinanceLaunchpoolSXT #USStablecoinBill
