$ATOM /USDT is currently trading at $4.087, showing a decline of 3.17% over the past 24 hours. The price has fluctuated between a high of $4.249 and a low of $4.063 during this time.
In the last 6 hours, there has been a slight decrease of 0.37%, indicating ongoing selling pressure following a brief spike in price. The chart illustrates a bearish trend, with price action suggesting that sellers are currently dominating the market.
Over the past week, $ATOM has decreased by 7.18%, and it has seen a more significant drop of 18.26% over the past 30 days. The asset has also faced declines of 13.92% over the last 90 days, 1.90% over the past 180 days, and 53.23% over the last year, indicating a challenging long-term performance.
The order book reflects a balanced sentiment, with 51.48% buy orders compared to 48.52% sell orders. This indicates that while there are slightly more buyers than sellers, the market remains relatively neutral.
Investors should keep an eye on the support level around $4.00. If the price breaks below this level, it could signal further declines. Conversely, a move back above $4.20 may indicate potential recovery and bullish momentum.
#ATOM #USDT #CryptoTrading #MarketAnalysis #Binance
