$ATOM Liquidation Alert:
$76.9K long position liquidated at $8.327!
Market Breakdown for $ATOM
Liquidation Details:
A $76.9K long was liquidated at $8.327, triggering strong selling pressure and increased volatility for $ATOM .
Current Price Action:
The liquidation event has created a key support zone, but the price action could either stabilize or continue downward, depending on market conditions.
Entry Point:
Look for an entry near $8.250, where support could hold after the liquidation-driven drop.
First Target:
$8.500 (short-term resistance).
Second Target: $8.750 (key technical resistance level).
Stop Loss:
Set your stop at $8.000 to manage risk if the downward momentum continues.
This ATOM liquidation opens up a critical trading window—capitalize on the $8.250–$8.750 range with a disciplined strategy!