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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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.