Cosmos(ATOM): Important Re-Test of Local Resistance

Cosmos has fully broken away from EMAs and the local support zone (which has turned into a resistance zone).

While we see the re-test happening, we are looking for a potential further breakdown from the current zone, but we are cautious as we see how oversold the RSI is and also the fact that EMAs have not been re-tested at all.

So, we keep an eye on the current zone for further potential confimation.

Swallow Team