$ATOM /USDT โ Rejection at the Top, Short Opportunity! ๐ป
Short Trade Setup:
Entry Zone: $4.82 โ $4.85
TP1: $4.75
TP2: $4.68
TP3: $4.62
Stop Loss: $4.93
Current Price: $4.805 (+1.89%)
$ATOM pumped close to $4.92 but faced sharp rejection, followed by lower highs on the 15M chart.
Key Zones:
Resistance: $4.91 โ $4.93
Support: $4.68 / $4.62
Market Sentiment:
A spike followed by a long wick and bearish candles suggests a possible local top โ momentum is fading fast.
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Pro Tip:
If price retests the $4.84 area and stalls, thatโs your entry signal. Keep stop tight above 24H high to maximize R