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MyCryptoParadise_Simon
Mar 29, 2024 5:47 AM

ATOM//USDT bullish continuation from support? πŸš€ATOM AnalysisΒ Long

Cosmos / TetherUSBinance

Description

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πŸ’Ž Paradisers, pay close attention to #ATOMUSDT as it reveals an intriguing pattern. Currently, we're evaluating key resistance levels, which could potentially lead to a bullish continuation from the critical support at $11.857. We remain on standby, waiting for the opportune moment before executing our strategy.

πŸ’Ž In the event that MYX:COSMOS loses momentum at the support level, we have a bullish scenario in mind: a turnaround from the lower support at $11.152. This level boasts substantial liquidity, evidenced by previous robust upward movements and significant green candles.

πŸ’Ž However, should the price decline below this secondary support, it may signal a shift toward bearish territory, accompanied by increased selling pressure. As we closely monitor the #ATOM market behavior, staying alert and adaptable is essential.
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