Long positions have been closed, short positions have been opened, and a death cross is about to occur on the four-hour chart, which allows for shorting some coins that rose significantly yesterday.
I shorted $ATOM $ZRO
ATOM: If the daily level breaks below the key support (like $6.5), it could trigger stop-loss orders and create a downtrend; an RSI overbought followed by a death cross and MACD crossing below the zero line are all bearish signals.
ZRO: If it is in the correction phase following initial speculation after listing (common with new coins), the price may drop over 50% from its peak, especially when trading volume decreases.
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