ATOM is battling a descending channel and has just broken below the 30‑day swing low, leaving the next few candles vulnerable. Volume is thinning as buyers lose steam.
🔴 $ATOM SHORT 📉
Entry $1.9870-$1.9910 | SL $2.0487 (-3.0%) | TP1 $1.9592 (+1.5%) | TP2 $1.8896 (+5.0%) | R/R 1:1.7 | Conf 65%
A change of character on the 4‑hour chart paired with a bearish order block and a fair‑value gap creates a clean short confluence, while the cumulative volume delta stays negative, confirming the down‑trend.
A 3.0% stop is relatively tight on a coin that swings 5‑6% daily, so a max of 3x leverage keeps risk in check.
Take half profit at the first target as the price hits the lower edge of the order block.
As always: manage your risk, this is not financial advice 🙏
$ATOM #ATOMUSDT #W #TradingSignals #Write2Earn
🔴 $ATOM SHORT 📉
Entry $1.9870-$1.9910 | SL $2.0487 (-3.0%) | TP1 $1.9592 (+1.5%) | TP2 $1.8896 (+5.0%) | R/R 1:1.7 | Conf 65%
A change of character on the 4‑hour chart paired with a bearish order block and a fair‑value gap creates a clean short confluence, while the cumulative volume delta stays negative, confirming the down‑trend.
A 3.0% stop is relatively tight on a coin that swings 5‑6% daily, so a max of 3x leverage keeps risk in check.
Take half profit at the first target as the price hits the lower edge of the order block.
As always: manage your risk, this is not financial advice 🙏
$ATOM #ATOMUSDT #W #TradingSignals #Write2Earn