ATOMUSD Daily S/R Resistance| VAH| .618 Fibonacci

Evening Traders,

Today’s analysis – ATOMUSD- trading towards a key resistance zone where a rejection is likely,

Points to consider,
- Price Action Corrective
- Daily S/R Resistance
- VAH Resistance
- .618 Fibonacci Resistance

ATOMUSDT’s immediate price action is at an area of resistance compromised of the .618 Fibonacci, Daily S/R and the Value Area High, this allows for a bearish bias.

A rejection here will continue the bearish trend by establishing another lower high.

The overall target is the POC and level that will confirm the next higher low if price action finds support.

Hope this analysis helps!

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And remember,

“You have power over how you'll respond to uncertainty.”
― Yvan Byeajee,