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📊 Short-Term Analysis for $ATOM /USDT (15m - 1h - 4h) 🔥
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📉 Why a Short Trade?
1️⃣ Key Resistance at $4.90 - $4.96 🚧
🔹 ATOM has faced strong rejection near $4.96, signaling potential downside.
🔹 If price stays below $4.90, expect further selling pressure toward $4.80 - $4.75.
2️⃣ Lower Highs Formation 📉
🔹 ATOM is forming lower highs, indicating bearish momentum.
🔹 A break below $4.82 could trigger a stronger downside move toward $4.75 - $4.70.
3️⃣ Decreasing Volume, Bears in Control 📊
🔹 24H Volume: 8.35M USDT – Sellers increasing.
🔹 If ATOM fails to reclaim $4.90, expect further downside toward $4.70.
4️⃣ Key Support at $4.75 - $4.70 🛑
🔹 A breakdown below $4.75 will confirm further downside toward $4.65.
🔹 Watch for a strong bearish candle with volume for confirmation.
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📊 Short-Term Trade Setup (15m - 1h - 4h) 📊
🔹 Short Entry: $4.85 - $4.90 (On pullbacks)
🎯 Targets: $4.82, $4.75, and $4.70
🛑 Stop Loss: $4.96 (Above resistance)
🔸 Breakdown Confirmation:
✅ If $4.82 breaks, expect a move toward $4.70.
✅ If ATOM reclaims $4.96, consider exiting shorts.
⚠️ Risk Management:
🔸 Keep SL tight above $4.96 to minimize risk.
🔸 Watch volume & price action for bearish continuation confirmation.
📉 Overall Bias: Bearish (As long as $4.90 holds as resistance)
