$ATM – FAKEOUT ABOVE $1.70? BEARS TAKING BACK CONTROL!

• SHARP REJECTION FROM $1.730

• TWO STRONG RED CANDLES FOLLOWING BLOW-OFF TOP

$ATM pumped from $1.41 to $1.73 but quickly faced heavy rejection, forming back-to-back bearish candles. The move appears to be an exhaustion spike, and current price action near $1.588 shows weakness. A breakdown below $1.56 could trigger deeper downside.

Short Entry: $1.585

Targets: $1.53 / $1.48

Stop Loss: $1.635

Momentum fading fast—bulls losing grip after overextension.

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