ATOM/USDT has broken out of a long-term falling resistance trendline on the daily chart, signaling a potential bullish reversal.
The price is currently testing a key resistance zone around $4.90–$5.20. A strong breakout above this level could open the path toward the $8.80 target, offering solid upside potential.
Immediate support lies near $4.40, with stronger support at $4.18. As long as the price holds above these levels, the bias remains bullish, with a favorable risk-reward setup for continuation.
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The price is currently testing a key resistance zone around $4.90–$5.20. A strong breakout above this level could open the path toward the $8.80 target, offering solid upside potential.
Immediate support lies near $4.40, with stronger support at $4.18. As long as the price holds above these levels, the bias remains bullish, with a favorable risk-reward setup for continuation.
Found this analysis helpful? Don’t forget to like, drop a comment, and follow us for more insights. Thanks for the love!
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Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.