Alright my people, this one moved exactly how strong charts usually warn us before the crowd reacts.
just printed a sharp expansion candle after a long period of tight price action. You can clearly see how price was building a base, grinding higher with small candles, and then suddenly buyers stepped in with force. That impulsive move shows real interest, not just a random spike. After such candles, the market usually pauses or pulls back slightly before deciding the next direction.
From a trading perspective, this is strength, not weakness. As long as $ATM holds above the breakout zone, buyers stay in control and continuation remains the higher-probability path. Chasing the top isn’t smart here — the best opportunities come on pullbacks or clean holds above support.
Trade Setup (Long Idea):
Entry Zone: 0.98 – 1.02
Target 1: 1.08
Target 2: 1.15
Stop Loss: 0.92
Short Outlook:
No shorts while $ATM holds above 0.92 — only a clean breakdown below this level would shift the bias.