$ATM short trade signal:
- Current Status:
- Current Price: $1.234
- Breaking structure to the downside with strong bearish momentum
- Key Levels:
- Resistance: $1.26
- Support: $1.22 (short-term), $1.18
- Trade Setup:
- Entry Zone: $1.23-$1.24
- Targets: $1.22, $1.18, $1.15
- Stop Loss: $1.27
- Market Insight:
- Trending down with lower highs and lows on the 30m chart
- Strong selling pressure and confirming volume
- Pro Tip:
- Failure to reclaim $1.24 with volume confirms short trade
- Trade with a tight SL and ride the trend.
