$ATM /USDT – Big Move Ahead?
Current price is trading around $1.391, up +15.63% in the last 24 hours. After a strong breakout toward $1.660, price faced rejection and pulled back into a corrective phase. The chart now shows signs of stabilization after the recent retracement.
On the lower timeframes, we can see a sharp impulse move followed by consolidation and a potential higher low forming near the $1.30–$1.35 region. This suggests buyers are attempting to regain control after the cooldown.
The key level to watch is whether price can reclaim the $1.48–$1.50 resistance zone.
Trade Setup
• Entry Zone: $1.34 – $1.40
• Target 1 : $1.48
• Target 2 : $1.58
• Target 3 : $1.66
• Stop Loss: $1.29
If price breaks and holds above $1.50 with strong volume, continuation toward the recent high at $1.66 becomes likely.
However, losing the $1.30 support area would weaken the bullish structure and open the door for a deeper retracement toward $1.20.
Momentum is building again — the reaction at resistance will determine whether this becomes a full recovery leg or remains a short-term bounce.
#PEPEBrokeThroughDowntrendLine #BTC100kNext?
