$ATM /USDT – Possible Pullback Ahead?
Current Price: $1.27 (+3.24%)
Reason:
Despite today’s green candle, $ATM is showing early signs of exhaustion. Price is trading below the short-term moving averages (MA7, MA25, MA99), indicating weak bullish structure. Additionally, volume is declining on upward moves, and the resistance around $1.29–$1.30 is holding firmly.
Short Setup:
Entry Zone: $1.27 – $1.29
TP1: $1.22
TP2: $1.18
SL: $1.31
Key Observations:
Lower high formation near $1.29 zone
MA cluster above current price adds downward pressure
Volume divergence signals momentum weakness
Pro Tip:
If price breaks below $1.26 with volume, it may accelerate downside toward $1.22 or lower. Keep SL tight above $1.31.
