$ATM — Clean Breakout Continuation Setup
Bias: Long
Entry Zone: 0.99 – 1.02
Stop Loss: 0.94
Targets:
🎯 TP1: 1.08
🎯 TP2: 1.15
🎯 TP3: 1.22
Technical Rationale:
Price has broken out with a strong vertical expansion following a clear compression phase. Sell-side liquidity below the prior base was swept, after which aggressive buyers stepped in. The push through previous resistance shows acceptance, not rejection. The current pullback is shallow, signaling that sellers lack strength to reclaim broken structure. Momentum and control remain with buyers as long as price holds above the breakout zone.
Execution Note:
This long setup is only valid while price maintains acceptance above support. Any sustained move back below the breakout/acceptance area invalidates the long bias.
ATM
1.094
-7.67%