🔻 $ATOM — LONG LIQUIDATION
📈 Trade Bias: SHORT (Bearish pressure watch)
💰 Liquidation: $11.954K at $1.398
🎯 Key Level: $1.398
🧠 Trade Thesis: ATOM experienced nearly $11.95K in long liquidations around $1.398, highlighting pressure on leveraged buyers. This suggests sellers have been forcing long-position exits. If price remains below this liquidation level, downside pressure may continue. A strong reclaim could invalidate the bearish continuation idea.
⚠️ Risk Level: High