📌 Long Setup for $ATOM
Time Frame: 4H | Exchange: Binance
ATOM is trading around local lows at the level of 4.07, showing signs of slowing down in its decline. Volumes (VPVR) are concentrated in the range of 4.00–4.30 — a potential accumulation zone before a reversal.
📍 Current Price: ~4.07
🔵 Accumulation Zone:
▪️ Main Entry: 3.95–4.15
▪️ Add-on: 3.70–3.90 while maintaining volume
🔻 Stop: 3.55 (below the support level and volume cluster)
🎯 Targets:
1️⃣ 4.50
2️⃣ 4.90
3️⃣ 5.30 (in case of breaking out of the descending channel)
📊 Indicators:
✅ TSI — bullish crossover possible from below
✅ DMI — decrease in selling pressure, signaling a transition to consolidation
✅ %R — in the deep oversold zone, increasing the likelihood of a rebound
💡 A strategy of accumulating the position in parts with a short stop is possible, with RR — from 2 to 1 up to 3.5 to 1.
