$ATOM /USDT – Breakdown Zone Testing! Will $4.80 Hold or Fold? 🚨
Current Price: $4.853 (−6.33%)
$ATOM is slipping aggressively on the 4H chart and now testing critical local support.
Market Structure:
Price has broken multiple higher lows, confirming a bearish reversal.
Volume on down candles is increasing = selling pressure rising.
Key Levels:
Resistance: $5.05 – $5.15
Support: $4.83 (critical), next support at $4.60
Short Setup:
Entry Zone: $4.88 – $4.95 (on a weak bounce)
TP1: $4.72
TP2: $4.60
Stop Loss: $5.12
Market Insight:
Sellers remain in full control. Any bullish relief is being quickly sold off. A clean break below $4.83 could trigger another wave of downside.
Pro Tip:
Use volume + RSI divergence confirmation on bounces. Avoid long positions unless $5.15 is reclaimed with strength.
Breakdown Unfolding – Ride the Bearish Wave Cautiously!
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