$ATM SHOWS CLEAR EXHAUSTION AFTER REJECTING KEY RESISTANCE LEVELS 📉
Entry: 1.75 - 1.80 🔥
Target: 1.55 🚀
Target: 1.40 🚀
Target: 1.30 🚀
Stop Loss: 2.02 ⚠️
The price action on $ATM confirms a rejection at the 2.00 resistance zone, signaling a exhaustion of buying momentum. We are seeing a series of bearish candles forming, which suggests that sellers are reclaiming control of the order flow.
A failure to hold the current structure will likely invite a deeper correction toward the lower liquidity pools. Given the recent parabolic move, the current setup offers a compelling risk-to-reward ratio for a mean reversion. Do you expect a retest of the 1.30 support before the next leg?
Not financial advice. Always manage your risk.
#ATM #ShortSetup #MarketStructure #Crypto
🎯
Entry: 1.75 - 1.80 🔥
Target: 1.55 🚀
Target: 1.40 🚀
Target: 1.30 🚀
Stop Loss: 2.02 ⚠️
The price action on $ATM confirms a rejection at the 2.00 resistance zone, signaling a exhaustion of buying momentum. We are seeing a series of bearish candles forming, which suggests that sellers are reclaiming control of the order flow.
A failure to hold the current structure will likely invite a deeper correction toward the lower liquidity pools. Given the recent parabolic move, the current setup offers a compelling risk-to-reward ratio for a mean reversion. Do you expect a retest of the 1.30 support before the next leg?
Not financial advice. Always manage your risk.
#ATM #ShortSetup #MarketStructure #Crypto
🎯