🔴 $ATOM Short Setup (Scalp Trade)
$ATOM pushed up from the lower range but failed to hold above the 1.98–2.00 resistance zone and faced another clear rejection.
Post-rejection, momentum has faded — bounces are weak and buyers are not showing aggression.
This price action resembles distribution near resistance, not a confirmed breakout.
As long as price remains below the recent highs, downside pressure stays dominant.
📌 Trade Plan (Scalp)
Direction: Short $ATOM
Entry Zone: 1.98 – 2.04
Stop Loss: 2.13
🎯 Targets:
• TP1: 1.90
• TP2: 1.85
📈 Risk Management:
• Potential move: 100% → 500% (with leverage)
• Leverage: 20x – 50x
• Margin: 1% – 5%
• Book partial profits at TP1
• Move SL to breakeven after TP1 hit
⚠️ This is a short-term scalp trade, not a swing.
👇👇👇
Short #ATOM Here
#MarketCorrection #ATOM #CryptoUpdate #MarketRebound
