$ATOM is struggling to breathe after the breakdown.
Price is stuck near 2.03, consolidating below a heavy resistance zone. Every bounce attempt looks weak and gets sold fast, a clear sign that sellers are still controlling the tape. The structure remains bearish unless price can reclaim the rejection area, which so far it has failed to do.
This sets up a clean continuation play.
Short entries are valid in the 2.02–2.06 zone.
As long as ATOM stays below resistance, downside pressure remains active. The next magnet sits at 1.97, where buyers may attempt a reaction.
Risk is tight and clear. A move above 2.08 invalidates the setup and signals caution.
No guessing here. Follow the structure, respect the stop, and let price do the work...
