$ATOM #ATOM 📉
Direction: SHORT 📉
Entry zone: 1.457 to 1.463
Stop loss: 1.482
Target 1: 1.431
Target 2: 1.409
Cosmos is trading near 1.46 dollars, down 2.71 percent in 24 hours, inside a range of 1.45 to 1.51. My reading is that sellers are in control while buyers failed to hold the higher range. 📉 The recent closes were flat and weak, 1.46, then 1.46, then 1.46, then 1.46, which is compression at the low, not a base with buying strength. A short from the current zone, with a stop above 1.482, targets 1.431 first and then 1.409 if selling continues. A recovery above 1.482 kills the idea without debate.
Futures trading is risky. Trade small, use a stop loss, and do your own research. This is my reading, not a guaranteed signal.
Does Cosmos fall to 1.431 first, or recover above 1.482? 🤔
Follow for more trades.
#Cosmos #Crypto #FuturesTrading #TradingSignals
Direction: SHORT 📉
Entry zone: 1.457 to 1.463
Stop loss: 1.482
Target 1: 1.431
Target 2: 1.409
Cosmos is trading near 1.46 dollars, down 2.71 percent in 24 hours, inside a range of 1.45 to 1.51. My reading is that sellers are in control while buyers failed to hold the higher range. 📉 The recent closes were flat and weak, 1.46, then 1.46, then 1.46, then 1.46, which is compression at the low, not a base with buying strength. A short from the current zone, with a stop above 1.482, targets 1.431 first and then 1.409 if selling continues. A recovery above 1.482 kills the idea without debate.
Futures trading is risky. Trade small, use a stop loss, and do your own research. This is my reading, not a guaranteed signal.
Does Cosmos fall to 1.431 first, or recover above 1.482? 🤔
Follow for more trades.
#Cosmos #Crypto #FuturesTrading #TradingSignals
