$ATOM 🔥 🚀 BULLISH 🔥 🚀
🔹 Short-Term Outlook (4-Hour Chart)
Bullish Momentum: The 50-day moving average is rising, indicating a short-term bullish trend.
Resistance Levels: Immediate resistance is at $4.19, followed by $4.30.
Support Levels: Key support is at $4.06, with secondary support around $3.95.
🔹 Mid-Term Outlook (Daily Chart)
Bearish Trend: The 50-day moving average is below the current price and declining, suggesting a bearish trend.
Resistance Levels: Key resistance is at $4.80, with further resistance around $5.00.
Support Levels: Immediate support is at $3.90, followed by $3.60.
🔹 Long-Term Outlook (Weekly Chart)
Bearish Trend: The 50-day moving average is above the current price and declining, indicating a long-term bearish trend.
Resistance Levels: Key resistance is at $5.00, with further resistance around $5.50.
Support Levels: Immediate support is at $3.50, followed by $3.00.
✅ Trading Signals
Buy Signal: Consider entering positions above $4.19, targeting $4.30.
Sell Signal: Monitor for a breakdown below $4.06; if confirmed, consider exiting positions.
Caution: Be aware of potential volatility due to broader market conditions and whale activities.