$ATM Bulls Defending the Supertrend Support!
$ATM (Atletico de Madrid Fan Token) is showing solid resilience on the 1h chart, currently trading at 1.333 (+8.99%). After a cooling period from the $1.660 high, the price has stabilized right above the Supertrend (10,3) support at 1.307, confirming that the bulls are still in the driver's seat. The massive 24h trading volume of $41.27M highlights strong market activity and liquidity.
Execution Zone (Long): 1.300 – 1.340
Target I: 1.450
Target II: 1.520
Target III: 1.660+
Invalidation: 1.280
The structure is looking attractive. With the price holding above the 1.307 Supertrend floor, the higher-low pattern is very much intact. The recent vertical impulse to $1.52 has cooled off, reset the momentum, and created a prime spot for a secondary leg up. As long as we hold the $1.30 level, I’m looking for a breakout back toward the $1.60 liquidity zone.
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