$ATOM The loss of the increase reflects the attractiveness after the vertical rise....
It rose to $4.239 but faced immediate rejection, forming a long upper wick on the 4-hour chart.
With increased selling pressure and waning momentum, a retracement setup is forming.
Short Trade Setup
• Entry Zone: $4.12 – $4.14
• TP1: $4.02
• TP2: $3.94
• TP3: $3.85
• Stop Loss: $4.26
Watch closely for confirmation of weakness - this cosmic rise may be in a downward phase.
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