$ATM /USDT – Short Trade Entry Opportunity
ATM/USDT has shown a sharp upward spike, followed immediately by rejection from the 1.150 zone. This volatility spike followed by a strong upper wick suggests a potential reversal and short opportunity as momentum fades.
Entry Price: 1.116
Target 1: 1.095
Target 2: 1.082
Target 3: 1.073
Stop Loss: 1.132
Risk Management:
Volatile spikes often trap late buyers—this setup capitalizes on that reaction. Keep a tight SL above the wick high and use proper sizing. If Target 1 hits, consider trailing your stop for a safer downside ride.
Pro Tip for Followers:
Always confirm rejection candles with volume—quick spikes with immediate sell pressure often provide profitable short entries. Patience wins.
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