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Cosmos (ATOM): 200EMA Secured, Now 100EMA Should Be Broken!

Short
ATOMUSDT Perpetual Contract (BYBIT:ATOMUSDT.P)  
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BYBIT:ATOMUSDT.P   ATOMUSDT Perpetual Contract
Trend Analysis Chart Patterns Technical Indicators
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trendanalysis chartpattern indicator
Cosmos has nicely secured 200EMA, and now we are keeping an eye on a possible breakdown to happen at 100EMA, which is now holding the price up and giving some kind of supportive zone there.

As soon as we break and secure it, we should see further movement towards the target zone!

Swallow Team
Comment:
snapshot
Cosmos is yet back at 200EMA looking for another re-test and a potential last rejection as well.

We are monitoring the coin and as soon as we witness another rejection we will look closer for potential downward movement here!

Swallow Team
Comment:
snapshot
200EMA has done it's work well and rejected the price sharply!

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