$ATM/USDT Struggles – Avoid or Buy the Dip?
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Current Price: $1.244 (-0.40%)
The Fan Token is showing weakness, trading near its 24h low.
✅ Key Levels to Watch:
Resistance: $1.256 → $1.268
Support: $1.233 → $1.224 (24H Low)
📊 My Take:
This is stuck in a downtrend with low volume. Avoid trying to catch the knife. It needs to break above $1.268 to show any signs of strength.
💰 Strategy:
Not a buy yet. Wait for a clear trend reversal or a deep washout.
📈 Trade Plan:
Wait for a break above $1.26 with volume before considering any long.
🔥 Overall Trend: BEARISH in the short term.