ATOM's been fighting down the 10โday range, now sitting just below the recent swing low. Looks like the bears are gearing up for another push.
๐ด $ATOM SHORT ๐
Entry โ $1.7193-$1.7227
Stop โ $1.7726 (-3.0%)
TP1 โ $1.6952 (+1.5%)
TP2 โ $1.6349 (+5.0%)
R/R 1:1.7 โข Confidence 64%
We got a clean CHoCH on the 1โhour chart, the CVD flipped negative confirming the squeeze, and a fresh FVG sits right under the broken order block. A liquidity sweep just ate the last buy stop and the POI confluence of the OB and FVG adds extra ammo for a short. Structure is now a descending channel, so a break lower fits the picture.
A 3โฏ% stop is a bit tight on this swing, so keep leverage around 3โ5x.
Take half off at the first target to lock in the win.
Not financial advice โ trade only what you can afford to lose ๐
$ATOM #ATOMUSDT #ChinaMayLetAlibabaByteDanceBuyNvidiaChips #TradingSignals #Write2Earn
๐ด $ATOM SHORT ๐
Entry โ $1.7193-$1.7227
Stop โ $1.7726 (-3.0%)
TP1 โ $1.6952 (+1.5%)
TP2 โ $1.6349 (+5.0%)
R/R 1:1.7 โข Confidence 64%
We got a clean CHoCH on the 1โhour chart, the CVD flipped negative confirming the squeeze, and a fresh FVG sits right under the broken order block. A liquidity sweep just ate the last buy stop and the POI confluence of the OB and FVG adds extra ammo for a short. Structure is now a descending channel, so a break lower fits the picture.
A 3โฏ% stop is a bit tight on this swing, so keep leverage around 3โ5x.
Take half off at the first target to lock in the win.
Not financial advice โ trade only what you can afford to lose ๐
$ATOM #ATOMUSDT #ChinaMayLetAlibabaByteDanceBuyNvidiaChips #TradingSignals #Write2Earn