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altFINS
Mar 16, 2024 2:20 PM

ATOM: Pullback in Uptrend Long

Cosmos / TetherUSBinance

Description

Trade setup: Price is in an Uptrend. Pullback near $12.00 support could be a swing trade entry opportunity in Uptrend, with +20% upside potential back to $14.30. Stop Loss (SL) level at $10.90.

Trend: Uptrend across all time horizons (Short- Medium- and Long-Term).

Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI ~ 50 (Neutral).

Support and Resistance: Nearest Support Zone is $12.00 (previous resistance), then $10.00. The nearest Resistance Zone is $14.30, then $15.50.
Comments
abdo90rasco
but big holder keep selling staking profits like crazy
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