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【$ATOM Signal】Empty position, waiting for selling pressure to be exhausted and confirmed
$ATOM Price decline accompanied by increasing open interest indicates a bearish dominance. The current market requires observation of whether the downward momentum is exhausted or if it has entered a main force distribution phase.
🎯 Direction: Empty position
After a volume-driven decline, the market logic points to either active short covering or main force liquidation. It is crucial to wait for clear absorption signals or structural failure to confirm the exhaustion of downward momentum. Currently, there is no clear reversal structure, so a wait-and-see approach should be maintained.
Trade 👇 $ATOM
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