$ATOM has swept liquidity from the 2.47–2.48 demand zone and printed a sharp reaction, with buyers stepping in aggressively and defending the lows. That move cleared weak selling pressure and marked a clean short-term bottom on the lower timeframe.
After the bounce, price reclaimed the 2.55–2.58 area and is now holding above it with higher lows forming. The push is strong but still controlled, which keeps the structure healthy for a scalp continuation rather than an immediate reversal.
Sellers attempted to fade the move near 2.60 but failed to force acceptance back below support, showing clear downside weakness. As long as $ATOM holds above the 2.55 support zone, the bullish scalp structure remains valid. A sustained break below 2.52 would invalidate this setup, but until then, upside continuation toward recent highs remains the higher-probability move.
Scalp Trade Plan
Long
Entry Zone: 2.58 – 2.55
TP1: 2.68
TP2: 2.75
Stop Loss: 2.52
Leverage: 20x – 40x
Margin: 2% – 5%
Risk Tip: Secure partial profits at TP1 and trail stop to entry
Long #ATOM Here 👇👇👇
