$ATOM /USDT ā Support Zone Bounce šā”ļøš
ā° 1H timeframe ā Early bounce at long-term channel support
š Price: $4.241
š Trend: Downtrend testing major ascending support
šÆ ENTRY ZONE (Long):
Buy zone: $4.20 ā $4.28
(Support line dating back weeks ā RSI nearing oversold)
šÆ TARGETS:
TP1: $4.45
TP2: $4.70
TP3: $5.00
š STOP-LOSS:
Below $4.08
āļø Risk:Reward: ~2.5R
š Bearish Flip: Breakdown and 1H close below $4.08 invalidates bounce thesis ā next support near $3.90
š Setup Insight:
RSI at 33 shows selling exhaustion. Touching ascending green support trendline ā bounce scenario favored short-term if buyers step in.