$ATOM Imminent Breakdown? 📉
Entry Zone: 2.075 – 2.085
TP1: 2.055
TP2: 2.030
Stop Loss: 2.105
$ATOM is painting a concerning picture on the 15-minute chart – consistently making lower highs and lower lows. The rejection at 2.09–2.10 triggered a solid sell-off, and now price is weakly consolidating near 2.05. This sideways action after a drop rarely signals a reversal; it usually means more downside.
We’re not seeing aggressive buying pressure – any bounces are quickly met with sellers. As long as $ATOM remains below the 2.075–2.085 zone, the bears are firmly in control. A reclaim and hold above 2.09 would be needed to shift the trend. This is a momentum scalp, so manage risk carefully. 🛡️ Consider taking partial profits at TP1 and adjusting your stop loss to entry.
#ATOM #CryptoTrading #ScalpTrade #Altcoins 🚀
