demand zone hold, rebound setup forming
Long $ATOM
Entry: 1.88 – 1.92
SL: 1.84
TP1: 1.99
TP2: 2.05
TP3: 2.11 – 2.12
Analysis:
ATOM has swept liquidity into a strong demand zone around 1.84–1.88 and is showing signs of stabilization. The sharp sell-off looks exhausted, with price attempting to reclaim nearby levels.
If buyers hold above 1.84, a recovery toward 1.99 → 2.05 is likely, followed by a retest of the 2.11 resistance. Structure favors a technical bounce rather than immediate continuation lower.
Trade here 👇$ATOM
ATOMUSDT
Perp
2.293
+2.82%