Trading signal for $ATM / Short trade setup💯🚨
🔺Support
Support: 1.485 USDT
Support levels can be identified at the recent low points on the chart. The first support level is around 1.485 USDT, where the price has previously bounced back. The second support level is around 1.450 USDT, which is a lower point where the price has shown resistance to falling further.
🔺Resistance
Resistance: 1.775 USDT
Resistance levels can be identified at the recent high points on the chart. The first resistance level is around 1.775 USDT, where the price has previously faced difficulty breaking through. The second resistance level is around 1.800 USDT, which is a higher point where the price has shown resistance to rising further.
🔺Entry Point
Entry Point: 1.601 USDT
🎯Take Profit Levels
Take Profit 1 (TP1): 1.600 USDT
Take Profit 2 (TP2): 1.598 USDT
Take Profit 3 (TP3): 1.596 USDT
The target profit levels can be set based on the resistance levels. The first target profit level can be set at 1.775 USDT, and the second target profit level can be set at 1.800 USDT. These levels are based on the assumption that the price will rise and face resistance at these points, providing an opportunity to take profit.
🔴Stop Loss
Stop Loss (SL): 1.603 USDT
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