$ATOM – Price compressing near support, downside pressure building
Trading Plan (Short)
Entry: 1.84 – 1.92
SL: 2.05
TP1: 1.82
TP2: 1.78
TP3: 1.74
$ATOM is currently trading around 1.841, sitting just above the 1.822 support after failing to gain momentum toward the 2.031 resistance. The 1H structure shows weak recovery with price unable to reclaim higher levels, indicating sellers are still in control.
Price is compressing near support, and this kind of structure often leads to a breakdown. A clean move below 1.822 could trigger further downside toward lower liquidity zones.
Trade $ATOM here 👇
ATOMUSDT
Perp
1.97
-1.54%