The $ATM /USDT pair has been consolidating in a narrow range for the past few hours, with the price currently hovering around $2.139. The recent price action suggests potential for a breakout in either direction.
Signal:
* Entry: Consider entering a long position at the current price of $2.139.
* Take Profit Targets:
* TP1: $2.200 (2.9% profit)
* TP2: $2.250 (5.2% profit)
* TP3: $2.300 (7.5% profit)
* Stop Loss: $2.050 (4.2% loss)
* Resistance Levels: $2.200, $2.250, $2.300
* Support Levels: $2.100, $2.050, $2.000
Caution:
Traders should closely monitor the price action around the current support and resistance levels. A breakout above the resistance level could signal further upside potential, while a breakdown below the support level could lead to a deeper correction.
