🔻 $ATM – Short Trade Setup

ATM rejected hard from 1.51 and is printing lower highs on the 4H chart. Momentum is cooling, and price is struggling below the 1.23 resistance zone. Bears still have short-term control unless 1.25 is reclaimed with strength.

🎯 Aggressive Short Setup

Entry Point (EP): 1.20 – 1.23 (on weak bounce / rejection candle)

Take Profit (TP):

TP1: 1.12

TP2: 1.05

TP3: 0.95

Stop Loss (SL): 1.31

📊 Setup Logic

1.23 = immediate resistance zone

Lower high structure forming

Volume declining on bounce attempts

Risk/Reward favorable toward downside

If 1.10 breaks with volume, momentum could accelerate toward 1.05 quickly.

⚠️ Invalidation above 1.31 — do not hold if structure flips bullish.

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ATM
ATM
1.42
-2.53%