$ATM Breakout Watch – Bulls in Control, but Can Momentum Hold?
ATM has surged over +10% today, reclaiming the $1.48 level after hitting an intraday high of $1.54. Strong buying pressure and volume spikes suggest renewed bullish interest, but price is hovering near a resistance zone where the next move will decide the trend.
Key Levels to Watch
• Resistance: $1.54 – A breakout above this level could extend the rally toward $1.62 and $1.70.
• Support: $1.40 – Holding above this zone keeps bulls in charge, while a breakdown could open downside toward $1.35 and $1.30.
Trade Setup – Stay Alert
Bullish Entry:
A confirmed breakout above $1.54 could target:
• TP1: $1.62
• TP2: $1.70
Bearish Entry:
A breakdown below $1.40 could target:
• TP1: $1.35
• TP2: $1.30
Final Note
ATM is showing strong bullish momentum with buyers dominating the order book. However, the $1.54 zone remains the real test. A breakout above could fuel continuation, while failure to hold $1.40 may trigger short-term correction.