TRADE RADAR: Atletico De Madrid $ATM ⚽
Sentiment: Cautious Recovery / Bullish Breakout Watch
Following a sharp retest of the $0.75 support floor earlier this month, ATM is showing signs of a technical reversal. With volume increasing and new fan utility milestones approaching in Q1, here is the setup we’re watching.
📊 Technical Setup
Current Price: $0.886
Support Zone: $0.75 - $0.80
Immediate Resistance: $0.95 - $0.98
Target 1: $1.02
Target 2: $1.25
The Game Plan
Scenario A (Aggressive): Enter on a confirmed 4H candle close above $0.96 with high volume.
Scenario B (Conservative): Ladder buys in the $0.82 - $0.85 range on any healthy pullbacks.
Stop Loss: Below $0.74 (Invalidation of the recent bottom).
Risk/Reward: ~1:3.5
Why ATM Now?
Oversold Bounce: The RSI has moved out of the "Extreme Fear" zone, signaling the end of the recent sell-off.
Institutional Supply: Recent supply adjustments and staking initiatives on Socios.com are reducing immediate liquid sell pressure.
Upcoming Catalyst: Expecting news on NFT Integration and Exclusive Matchday Rewards as we head into the season's peak.
⚠️ Risk Note
Fan tokens are high-beta assets. Volatility can be extreme. Always use a stop-loss and never risk more than 2-3% of your portfolio on a single trade.
#ATM #CryptoTrading #FanTokens #TechnicalAnalysis #AtleticoMadrid
$ATM Trade here 👇
