$ATM Mild Dip: Short Opportunity?
$ATM is down -0.07% daily, with a recent drop from $1.634 to $1.514 after failing to hold above $1.583. The 1H chart shows lower highs, suggesting bearish momentum.
short Trade Setup
• Entry Zone: $1.510 – $1.505
• Stop Loss: Above $1.583
• TP1: $1.480
• TP2: $1.450
• TP3: $1.420 (extended target)
Market Insight:
Volume is moderate, but the downward trend may continue if it stays below $1.514. Watch the next 1H candle for confirmation.
Buy and Trade $ATM
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