$ATOM has lost the 1.8 level. There are two possible scenarios next:
① It rebounds but fails to reclaim 1.8 → the level turns into resistance, with the 24h low at 1.752 as the next downside target.
② It quickly reclaims 1.8 → this was probably just a wick, and short positions could get squeezed instead.
I personally pay more attention to how the first rebound performs.
#ATOM
① It rebounds but fails to reclaim 1.8 → the level turns into resistance, with the 24h low at 1.752 as the next downside target.
② It quickly reclaims 1.8 → this was probably just a wick, and short positions could get squeezed instead.
I personally pay more attention to how the first rebound performs.
#ATOM