$ATOM #ATOMUSDT (4H Timeframe)👈
💰 Current Price: 2.128
Indicator Overview:
Supertrend: Strong Bullish
MACD: Bullish crossover + positive histogram
RSI: 88+ (Extremely overbought)
Structure: Sharp impulsive breakout
🔎 Market Structure Analysis
ATOM has printed a powerful breakout from the 1.95–2.00 accumulation zone and surged toward 2.14 resistance. Momentum is very strong, but RSI near 90 indicates overheated conditions.
A short-term correction or consolidation is highly probable before further upside.
📍 Key Levels
Support 1: 2.00
Support 2: 1.93
Resistance 1: 2.14
Resistance 2: 2.30
🎯 Trade Plan
✅ Break & Hold Strategy
Entry: Above 2.15 with confirmation
Stop Loss: 1.99
Take Profit 1: 2.30
Take Profit 2: 2.50
✅ Pullback Strategy (Safer Option)
Entry: 2.00–2.02 zone
Stop Loss: 1.90
Take Profit: 2.30
⚠ Important: Do NOT chase at current RSI levels. Wait for pullback or consolidation.
ATM
Consolidation
Neutral
Risk Management Rules
Risk only 1–3% per trade
Always use Stop Loss
Avoid chasing parabolic candles
Wait for confirmation on breakout trades
Partial profit booking at TP1 recommended
