The bullish momentum in $ATMUSDT is gathering steam right now, with the recent sweep of the 1.4270 level suggesting that smart money is actively accumulating positions. This area has been a significant order block zone, and the fact that price has bounced off it twice already is a testament to its importance.
From a technical standpoint, the higher timeframe trend is undoubtedly bullish, with the RSI currently sitting at 32, indicating that there's still plenty of room for upside. The volume is a bit subdued at 0.2x, but this could be a blessing in disguise, as it allows for a more controlled breakout.
Here are the key trade levels:
Entry: 1.4270
Take Profit 1: 1.6376 (RR 4.1x)
Take Profit 2: 1.9534 (RR 10.4x)
Stop Loss: 1.3762
These levels are based on a combination of technical analysis and market structure, with a focus on the order block zone and the bullish higher timeframe trend.
Followers, keep a close eye on the 1.4270 entry and be prepared to long for 1.6376, with a stop at 1.3762. Remember to always manage your risk and trade with discipline.
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