💦💦Rooted Altcoin in a Critical Exam: Created Support at This Price Despite Political Tensions! 💦💦

Cosmos (ATOM) is showing resilient performance to its investors by creating new support levels despite global political tensions.

While the recent increased tensions in the Middle East have created overall uncertainty in the crypto markets, the token of the Cosmos ecosystem, ATOM, stands out with unexpected price movements. The token, which fell to $3.939 yesterday evening, managed to establish a new support point at the critical psychological barrier of $4.00.

In the last 24 hours, the price of ATOM moved within a fluctuation range of 3.05%. Especially around 20:00, the increase in trading volume led to a rapid rise in price, and the $4.059 level was recorded as resistance. The test at this level indicated that buyers' interest in the market is strong.

ATOM's Critical Struggle

Recent sudden price fluctuations have drawn attention. The token briefly dropped from $4.026 to $3.996, falling below the critical support level of $4.00. During this decline, more than 47,000 tokens changed hands, revealing intense selling pressure.

However, the price quickly recovered and rose above $4.00, currently stabilizing at around $4.001. This recovery indicates that investors tend to buy at lower prices and maintain their confidence in ATOM.

Recent price movements of ATOM provide important signals for investors while clearly demonstrating the impact of global political developments on the market. Experts agree that ATOM's resistance performance should be closely monitored.

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