$ATM /USDT – Breakout Failed, Now the Real Move Begins...
$ATM had its moment—a flashy breakout, quick hype, and just like that, rejected near $1.30. Classic fan token behavior. Now it's cooling off, and that’s where opportunity shows up.
Current Price: $1.188 (+3.76%)
Structure? Weakening. Lower highs creeping in. Momentum? Slipping.
Here’s what I’m watching:
Resistance: $1.250–$1.300
Support: $1.165–$1.140
My Short Plan (only on confirmation):
Entry Zone: $1.195–$1.205 — if price struggles here again, that’s my cue.
Targets:
• TP1: $1.165
• TP2: $1.140
• TP3: $1.109
SL: Just above $1.225 — tight and tactical.
Why I like this setup:
Market showed its hand too early—bulls overextended.
Fan tokens don’t forgive. When they reverse, they drop fast.
This isn’t a gamble—it’s a calculated short with clear structure.
I’m not rushing in. If price retests and stalls near $1.20, I’ll be ready. But if it flips $1.20 into support again? No trade—simple as that.
Stay smart, stay sharp. Risk is part of the game—managing it is the skill.