$ATOM /USDT

ATOM/USDT Snapshot

MetricValueCurrent Price$3.75 (-4.53%)24h High$3.9424h Low$3.6924h Volume (ATOM)1.95M24h Volume (USDT)$7.40M

๐Ÿ“‰ Price Action & Trend

Down -4.53% and trading close to its 24h low of $3.691, signaling continued short-term weakness.

Lower highs are formingโ€”pointing to a likely bearish trend continuation.

Price rejected the $3.94 resistance, suggesting strong selling pressure.

๐Ÿ“Š Key Technical Levels

ZonePriceSignificanceResistance 1$3.9424h high, recent swing highResistance 2$4.00+Psychological and depth resistanceSupport 1$3.6924h low, current demand testSupport 2$3.50Historical support zone from March/AprilSupport 3$3.20โ€“3.30Breakdown target if $3.50 fails

๐Ÿ” Volume & Depth Analysis

Relatively low trading volume, implying that momentum is weak on both buy and sell sides.

Support walls seen just below $3.69.

Sell depth increasing near $3.80โ€“$3.94.

๐Ÿ“Œ RSI & Momentum (If RSI ~14 or below)

If RSI is similar to other assets currently (like SYRUP's ~12.6), then ATOM may be oversold, though no clear reversal has started.

๐Ÿงญ Outlook Scenarios

๐ŸŸฅ Bearish Continuation (if $3.69 breaks)

Target: $3.50 โ†’ $3.30

Weak volume & failing support = further downside

๐ŸŸจ Sideways Range

Possible range: $3.69 โ€“ $3.94

Consider scalping within this band if price stabilizes

๐ŸŸฉ Bullish Rebound (less likely without volume)

Needs breakout above $3.94, then $4.00

Confirmation: spike in volume + reclaim of $3.94 support

โœ… Summary

Current Trend: Bearish

Bias: Neutral to Bearish unless $3.94 is reclaimed

Watch Zones:

Break below $3.69 โ†’ expect $3.50 retest

Break above $3.94 โ†’ bullish reversal attempt

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