📉 $ATM/USDT – SHORT TRADE IDEA
🔹 Market Condit $ATM /USDT recently pumped aggressively up to 1.73, but faced strong rejection with long upper wicks and big red candles. This shows fading bullish momentum and a forming lower high structure, indicating a possible trend reversal.
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🔹 Entry Zone:
1.600 – 1.620
🔹 Stop Loss:
Above 1.740 (candle close)
🔹 Targets:
🎯 TP1: 1.520
🎯 TP2: 1.470
🎯 TP3: 1.420
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🔹 Trade Insight:
After a strong breakout, $ATM /USDT failed to hold above 1.70 and quickly reversed. The current price action suggests buyers are losing strength, creating potential for a deeper pullback. A short position from the rejection zone offers a clear invalidation level with good risk-to-reward.
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🔹 Risk Management:
✅ Always respect the stop loss above the rejection wick.
✅ Adjust lot size according to volatility.
✅ Avoid entry if the price closes strongly back above 1.70.
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🟢 Trade safe & happy profits!📊✨
