đŽ $ATOM Short Setup (Scalp Trade)
$ATOM pushed up from the lower range but failed to hold above the 1.98â2.00 resistance zone and faced another clear rejection.
Post-rejection, momentum has faded â bounces are weak and buyers are not showing aggression.
This price action resembles distribution near resistance, not a confirmed breakout.
As long as price remains below the recent highs, downside pressure stays dominant.
đ Trade Plan (Scalp)
Direction: Short $ATOM
Entry Zone: 1.98 â 2.04
Stop Loss: 2.13
đŻ Targets:
âą TP1: 1.90
âą TP2: 1.85
đ Risk Management:
âą Potential move: 100% â 500% (with leverage)
âą Leverage: 20x â 50x
âą Margin: 1% â 5%
âą Book partial profits at TP1
âą Move SL to breakeven after TP1 hit
â ïž This is a short-term scalp trade, not a swing.
đđđ
Short #ATOM Here
#MarketCorrection #ATOM #CryptoUpdate #MarketRebound
