$ATOM — Buy trade setup
Entry: 1.76 – 1.77
Stop loss: 1.61
Take profit 1: 1.92
Take profit 2: 2.07
Are we seeing momentum return to buyers here? The price action from this support area doesn’t appear to show signs of exhaustion; it looks more like re-accumulation. The confidence level is good. It’s worth watching to see whether momentum starts to accelerate from here.
Trade $ATOM
Entry: 1.76 – 1.77
Stop loss: 1.61
Take profit 1: 1.92
Take profit 2: 2.07
Are we seeing momentum return to buyers here? The price action from this support area doesn’t appear to show signs of exhaustion; it looks more like re-accumulation. The confidence level is good. It’s worth watching to see whether momentum starts to accelerate from here.
Trade $ATOM