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【$ATOM Signal】Empty position, waiting for downward momentum confirmation
$ATOM Price decline accompanied by increasing open interest indicates a potential bearish dominance pattern. Market logic suggests distinguishing between long liquidation and main force distribution. Current price action shows persistent selling pressure with no effective buying absorption, requiring wait for a clearer bearish structure confirmation.
🎯 Direction: Empty position (NoPosition)
Waiting for the price to show rejection rebound or volume breakdown in the 2.00-2.05 range before reassessing shorting opportunities. Currently, chasing short positions directly carries higher risk and is considered a left-side trade of a counter small-cycle rebound. Patience in observing the price reaction in key zones is a higher probability approach.
Trade 👇 here $ATOM
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