⚽ $ATM Fan Token Surging! +37% Pump: What’s Next? 🚀
The Fan Token sector is heating up, and ATM (Atlético de Madrid) is leading the charge today with a massive +37% move!. After a long consolidation period, we are finally seeing strong volume coming back into the charts.
Technical Outlook:
Upward Momentum: The price has successfully broken above the previous resistance at $1.10 and touched a local high of $1.51. If it stays above the moving averages (MA7 and MA25), we could see another leg up towards $1.60+.
Downward Risk: We are seeing some selling pressure (red candles) at the $1.50 zone as traders take profits. A healthy correction towards $1.20 support is possible before the next move.
Future Sentiment: Fan tokens often pump around major match days or team announcements. While the current pump is strong, always watch the volume. High volume on green candles is a great sign for future sustainability.
My Strategy: I am watching the $1.20 support level closely. If it holds, it could be a good entry for a scalp trade. Don't chase the top; wait for the retest! 🛡️
Are you holding $ATM or trading the pump? Let me know your targets below! 👇
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