$ATOM is showing a clear bearish structure on the 15-minute chart after failing to hold above the 2.38–2.40 resistance zone. Price keeps making lower highs and lower lows, which confirms sellers are still in control. Every bounce so far has been weak and quickly sold into.

The rejection from the 2.40 area followed by continuation toward 2.33 shows strong supply overhead. Current consolidation below previous support suggests this move is a pause before another leg down, not a reversal. As long as price stays below the key resistance zone, the short bias remains valid. A clean breakout and hold above resistance would invalidate this setup.

Scalp Trade Plan

Short

Entry Zone: 2.35 – 2.40

TP1: 2.32

TP2: 2.26

Stop Loss: 2.45

Leverage: 20x – 50x

Margin: 1% – 3%

Risk Tip: Book partial profit at TP1 and move stop-loss to entry to protect capital.

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ATOM
ATOMUSDT
1.72
-13.48%