$ATOM Launching from the depths, rebound mode activated....
Just rebounded from the main support level at $3.95, showing early signs of recovery after a sharp decline. With a reversal candle forming and increased buyer interest, the situation seems set for a short-term upward push.
Long Trade Settings
Entry Price: $3.98 - $4.00
First Profit Price: $4.09
Second Profit Price: $4.17
Third Profit Price: $4.26
Stop Loss Price: $3.94
📈 Market Analysis:
The Relative Strength Index is likely in an oversold condition, and the presence of a bullish wick near $3.95 indicates demand.
If the momentum continues, this recovery could be the start of a new upward wave towards its recent peaks.
ATOM's reaction at this level might indicate the bottom. Monitor closely.
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