$ATM /USDT Short Trade Setup

$ATM Fan Token has shown a significant drop, currently trading around 1.077 with a -4.69% daily change. The price recently touched a 24h low of 1.052, and upside attempts have been weak, failing to hold above 1.10 resistance. Volume analysis indicates more selling pressure than buying strength.

This presents a potential short trade setup as price weakens further below key support levels.

Short Entry:

1.072–1.080 range

Stop Loss:

Above 1.105 (just above minor resistance zone)

Targets:

• Target 1: 1.038

• Target 2: 1.005

• Target 3: 0.972

Trade Rationale:

Breakdown below key support around 1.080

Failed bullish bounce and consistent lower highs

Bearish momentum with declining fan token interest volume

4H RSI approaching oversold territory but not signaling reversal yet

Volume favoring bears with large sell-side orders near 1.08–1.09

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