$ATOM #ATOM đ
Direction: SHORT
Entry zone: 1.4271 to 1.4329
Stop loss: 1.4514
Target 1: 1.4014
Target 2: 1.3799
Cosmos is trading near 1.43 dollars, down 2.28 percent in 24 hours, inside a range of 1.40 to 1.46, and its bounce has stalled right at the current zone. My reading is that Cosmos is weak even on a bounce, because the recent closes are pinned flat, 1.42, then 1.42, then 1.42, then 1.43, which is buyers pushing for hours and getting almost nowhere in a red market. đ A short from the current zone, with a stop above 1.4514, targets 1.4014 first and then 1.3799 if selling continues. A recovery above 1.4514 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 1.4014 first, or recover above 1.4514? đ€
Follow for more trades.
#Cosmos #Crypto #FuturesTrading #TradingSignals
Direction: SHORT
Entry zone: 1.4271 to 1.4329
Stop loss: 1.4514
Target 1: 1.4014
Target 2: 1.3799
Cosmos is trading near 1.43 dollars, down 2.28 percent in 24 hours, inside a range of 1.40 to 1.46, and its bounce has stalled right at the current zone. My reading is that Cosmos is weak even on a bounce, because the recent closes are pinned flat, 1.42, then 1.42, then 1.42, then 1.43, which is buyers pushing for hours and getting almost nowhere in a red market. đ A short from the current zone, with a stop above 1.4514, targets 1.4014 first and then 1.3799 if selling continues. A recovery above 1.4514 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 1.4014 first, or recover above 1.4514? đ€
Follow for more trades.
#Cosmos #Crypto #FuturesTrading #TradingSignals
