🚨 $ATOM is at a critical decision point — and most traders are looking the wrong way.

🔴 SHORT $ATOM

ATOM
ATOMUSDT
2.202
-3.80%

Entry: $2.238 - $2.242

SL: $2.340

TP1: $2.195

TP2: $2.140

TP3: $2.080

Price is struggling to hold above EMA(20) at $2.250 after failing to break the 24h high ($2.322). EMA(50) at $2.210 is acting as weak support, but momentum is clearly stalling with lower highs forming. Each bounce attempt is getting weaker.

Invalidation is a daily close back above the recent high at $2.340, which would signal genuine momentum.

Are you shorting this rejection or waiting for a clean breakdown below EMA(50)?