$ATOM /USDT BEARISH TECHNICAL ANALYSIS 📉

Current Price: $4.23

Key Levels:

Resistance: $4.30

Support: $3.81

Market Outlook:

$ATOM /USDT is showing signs of bearish momentum as it struggles to break above the $4.30 resistance level. A failure to break above this level could lead to further declines towards the support at $3.81.

Trade Setup:

Short Entry: $4.23

Take Profit (TP): $4.00, $3.81

Stop Loss (SL): $4.40

Risk Management:

Risk 2% per trade

Target 1:3 risk-to-reward ratio

Stay cautious around the $4.30 level, as a rejection here could confirm the bearish trend. 📉

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