ATOMUSDT Long Entry Opportunity

By clasaicrypto
Updated
✉️ Pair: ATOMUSDT
📈 Direction: Long
💯 Leverage: Cross 5x - 10x - 20x

📊 Entry1: 6.300 USD
📊 Entry2: 6.000 USD
📊 Entry3: 5.700 USD

✅ Target1: 7.200 USD
✅ Target2: 7.700 USD
✅ Target3: 8.800 USD

⛔️ Stop Loss: 5.500 USD

ATOM has been trading within a descending channel on a daily timeframe, consistently respecting the trendlines. Recently, the price received a positive push from a successful retest of the channel's lower support. We anticipate a significant breakout, supported by the liquidity at $7.660, which could indicate a strong bullish move and a potential trend reversal.

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Trade active
📊 Entry1: 6.300 USD
Trade closed: stop reached
STOP LOSS 01/08/2024
ATOMATOMUSDTcryptosignalsFundamental AnalysisTechnical IndicatorsTrend Analysis
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