Review on $ATOM 1D:
The daily chart is showing strong bullish momentum after a series of trend changes (Ch0Ch) and structure breakdowns (BOS). Price is approaching key resistance in the $5.50-$6.45 zone where a market reaction is possible.
⏫ #bullish scenario:
A consolidation above $6.45 → upside to the $8.50-$9.50 zone, with potential for a strong high near $10.50-$11.00
- The scenario will be confirmed by holding above $5.50 after a correction.
⏬ #bearish scenario:
Failure to break $6.45 and return under $5.50 → fall to support at $4.50, on breakdown - pullback to $3.50 (Weak Low zone).
✅ Key Levels:
- Support: $5.20, $4.50, $3.50
- Resistance: $6.45, $8.50, $9.50
- Structural Signals: BOS and Ch0Ch indicate a change of the medium-term trend to an upward one.
Buy and Trade $ATOM here