ATM/USDT Technical Analysis โ€“ Bullish Momentum Building Up?

Current Price: $1.222

24h Change: +12.42% ๐Ÿ“ˆ

24h High / Low: $1.350 / $1.080

Volume (ATM): 5.21M | Volume (USDT): 6.27M

#### โœ… Price Action & Moving Averages

MA(7): 1.233 (yellow)

MA(25): 1.218 (pink)

MA(99): 1.212 (purple)

ATM/USDT recently saw a sharp rally to $1.35, marking the intraday high before a slight correction. The price is now stabilizing above the MA(99), which is a strong support zone. This suggests bulls are still in control as long as the price remains above this level.

#### ๐Ÿ’ก Golden Cross Potential

MA(25) just crossed above MA(99), and price is bouncing off the MA(99) line, hinting at a potential bullish continuation.

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### ๐Ÿ”ฅ Momentum Indicators

#### ๐Ÿ“ˆ RSI(6): 42.04

The RSI is cooling off from overbought conditions, currently at a neutral level. This reset provides room for another potential upside move.

#### Volume Analysis

A recent spike in volume during the pump to $1.35 shows increased interest. Although there's a dip, the MA(10) volume (22,499) remains significantly higher than MA(5) volume (14,626) โ€” indicating smart money may still be active.

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### โš ๏ธ Key Levels to Watch

$1.20 | Immediate support (MA confluence)

$1.35 | Local resistance / breakout level

$1.10 | Strong support base

$1.45+ | Potential breakout target if momentum builds |

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### ๐ŸŽฏ Verdict: Bullish Bias with Caution

ATM/USDT is showing signs of recovery and potential trend continuation. If the price holds above the $1.20โ€“$1.21 support zone, bulls could retest the $1.35 resistance and possibly target new highs. Traders should monitor RSI behavior and volume surges for breakout confirmation.

>Short-Term Strategy:

> Look for bounce entries near MA(99)($1.21), target $1.35, and use a tight stop below $1.20.

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