#ATOM — Descending Trendline Rejection, Weak Follow-Through
ATOM has rejected cleanly from the descending resistance, failing to reclaim the prior breakdown zone. The rebound from the lows looks corrective, with sellers stepping in near trendline supply and price slipping back toward mid-range support. Structure remains lower highs, keeping downside risk active unless a strong reclaim occurs.
Trade : Short
Entry Zone: 2.14 – 2.18
Targets:
TP1: 2.08
TP2: 2.00
TP3: 1.92
Stop Loss: 2.22
Bearish continuation stays valid while price remains below the 2.18–2.20 resistance band. A decisive break and hold above this zone would invalidate the short bias and signal a structure shift.
ATOMUSDT
Perp
2.138
-0.32%