$ATM ATM/USDT Trading Signal - Potential Reversal in Progress
Current Price: $2.258
EMA Trends:
EMA(7): $2.301
EMA(25): $2.278
EMA(99): $2.210
Observation:
ATM/USDT shows a sharp rejection near $2.591 with a potential pullback. It currently trades below EMA(7) and EMA(25), which may act as immediate resistances.
Potential Strategy:
Entry Range: $2.250 - $2.270
Targets:
Target 1: $2.300 (EMA(7) recovery)
Target 2: $2.350 (uptrend confirmation)
Stop Loss: $2.190
Key Insights:
Watch for support near EMA(99) ($2.210). A breakout above $2.300 could signal renewed bullish momentum. Traders are advised to monitor price action closely.
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