$ATOM
ATOMUSDT
SHORT
Timeframe: 15 minutes (15m)
Entry Point: 1.617 – 1.620
Stop Loss (SL): 1.635
Take Profit 1 (TP1): 1.605
Take Profit 2 (TP2): 1.593
Take Profit 3 (TP3): 1.578
Leverage: 15x
Margin: 3%
Risk Management: Maximum loss in the event of hitting the Stop Loss should be 1% of total capital or less. Position size should be adjusted based on the distance between the entry point and the Stop Loss, accounting for trading fees.
Entry Analysis: 1. The market structure on the 15-minute timeframe is bearish, characterized by the formation of lower highs and lower lows.
2. The breakdown of the support level (1.642 – 1.645) and the price movement toward the 1.60 range indicate selling pressure.
3. The 1.625 – 1.633 range has been identified as a supply zone and immediate resistance.
4. The RSI is at 28.92, indicating an "oversold" condition; therefore, a bullish pullback is possible, and a continued decline is not guaranteed
#Write2Earn
ATOMUSDT
SHORT
Timeframe: 15 minutes (15m)
Entry Point: 1.617 – 1.620
Stop Loss (SL): 1.635
Take Profit 1 (TP1): 1.605
Take Profit 2 (TP2): 1.593
Take Profit 3 (TP3): 1.578
Leverage: 15x
Margin: 3%
Risk Management: Maximum loss in the event of hitting the Stop Loss should be 1% of total capital or less. Position size should be adjusted based on the distance between the entry point and the Stop Loss, accounting for trading fees.
Entry Analysis: 1. The market structure on the 15-minute timeframe is bearish, characterized by the formation of lower highs and lower lows.
2. The breakdown of the support level (1.642 – 1.645) and the price movement toward the 1.60 range indicate selling pressure.
3. The 1.625 – 1.633 range has been identified as a supply zone and immediate resistance.
4. The RSI is at 28.92, indicating an "oversold" condition; therefore, a bullish pullback is possible, and a continued decline is not guaranteed
#Write2Earn