🚀 $ATOM /USDT Analysis 🚀

🔹 Symmetrical Triangle Breakout: Breakout confirmed ✅.

🔹 Retest in Progress: The price is currently retesting the trendline from which it broke out.

🔹 Strong Support Zone: $8.40–$8.50 is a key support area.

🔹 Trade Strategy: #ATOM空投

Wait for Market Confirmation: Only open trades if the market sustains above the support zone and shows clear confirmation.

Watch for Retracement: If the price retraces to the support zone and bounces back, it could signal a good entry point for a LONG.

Be Prepared for Further Downside: If no bounce-back occurs, the price might go lower, so remain cautious and avoid premature entries.

🔹 Expected Target: $14 ✅.

👀 Stay Alert: We’ll share a trade call once the price confirms its direction and sustains.

Key Notes

1️⃣ Laddered Entries:

Use staggered entry orders to average into the trade effectively after confirmation of a bounce-back.

2️⃣ Profit Booking:

Secure 30% of profits at the first two targets and adjust your stop-loss to breakeven or entry level to reduce risk.

3️⃣ Risk Management:

Monitor market volatility carefully. If the price fails to sustain or confirm the bounce, remain patient and avoid trading in a weak market.

⚠️ Disclaimer:

This analysis is for educational purposes only and does not constitute financial advice. Always conduct your own research and trade responsibly.