$ATOM /USDT – Rejection at the Top, Short Setup in Play 🔻
Current Price: $4.805 (+1.89%)
$ATOM made a quick push to $4.92 but got rejected hard. We’re now seeing lower highs form on the 15-minute chart — a sign that bullish momentum is fading.
🔧 Short Trade Idea:
Entry Zone: $4.82 – $4.85
Targets:
TP1: $4.75
TP2: $4.68
TP3: $4.62
Stop Loss: $4.93 (just above the 24H high)
📊 Key Levels:
Resistance: $4.91 – $4.93
Support: $4.68 / $4.62
⚠️ What’s Happening:
After the quick pump, we saw a long wick to the upside followed by bearish candles — a classic sign of a local top. Momentum is cooling off, and sellers are stepping in.
💡 Pro Tip:
If price retests the $4.84 zone and stalls, that’s your cue. Enter there with a tight stop — ideal for maximizing your risk/reward.
📉 Bears are creeping in. Volatility is around the corner — don’t forget to secure profits on the way down!
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