Cryptorphic

COSMOS Update in Daily Timeframe

BINANCE:ATOMUSDT   Cosmos / TetherUS
#ATOMUSDT Update:

ATOM has been in a downtrend for a while and has finally reached the long-term support level ranging between $6.4 and $6.7.

Currently, the price is bouncing back, and it needs to break above the resistance trendline at $7.6 to confirm a rally toward the second resistance at $8.9 (a 32% rally).

The invalidation point for ATOM will be a candle close below the $6.2 support level.

DYOR, NFA.

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