Fan Token Surge – $ATM
Title: Atletico de Madrid ($ATM) Gains 55% – The Return of Fan Tokens?
The Fan Token ecosystem is heating up, with $ATM leading the charge. This sudden pump has caught many traders by surprise.
Current State: $ATM is currently testing a 6-month high. The RSI (Relative Strength Index) is currently in the overbought zone (above 80).
Next Movement: Fan tokens are notorious for "pump and dump" cycles. If it doesn't break the immediate resistance within the next few hours, we might see a fast retracement to the support zone.
Strategy: Set tight stop-losses and avoid FOMO at the peak.