$ATM rejection from resistance keeps sellers in control and a breakdown below support could trigger the next leg lower.

Trade Setup: Short

Entry Zone: 1.295 - 1.320

Stop Loss: 1.370

TP1: 1.250

TP2: 1.210

TP3: 1.166

Leverage: Maximum 20x

I’m bearish on $ATM after the strong rejection from the resistance zone. Sellers stepped in aggressively, and the recent pullback suggests downside pressure remains dominant. Looking for further weakness as long as price stays below 1.370.

Move SL to entry as soon as the trade goes in profit.