$ATM /USDT – Breakout Rejected, Pullback in Play! ⚠️📉
Current Price: $1.188 (+3.76%)
After a sharp breakout, $ATM faced strong rejection near the $1.30 level. It’s now retracing and forming lower highs—signaling a potential short setup.
🔑 Key Levels
Resistance: $1.250 – $1.300
Support: $1.165 – $1.140
🧨 Short Trade Setup
Entry Zone: $1.195 – $1.205 (Bounce Rejection Area)
🎯 Targets:
TP1: $1.165
TP2: $1.140
TP3: $1.109
🛑 Stop-Loss: Above $1.225
📊 Market Insight
High volatility and fast profit-taking behavior suggest a potential temporary top. Look for confirmation of lower highs before entering a short.
💡 Pro Tip
Fan tokens like $ATM often reverse aggressively. Secure profits quickly and manage stop-losses tightly.
Keep a close eye on the $1.20 zone—this could be a clean short opportunity!
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