Cosmos (ATOM) Eyes Rebound Toward $4.85 Resistance 🔄
Cosmos (ATOM) is showing signs of bullish momentum with a 0.71% uptick, currently trading around $4.65. Buyers are defending the $4.60 support zone, and if this strength holds, a move toward the next resistance at $4.85 is likely. A breakout above this level could open the path to $5.00. However, if bulls fail to sustain above $4.60, price may revisit lower supports at $4.50 and $4.37. Watch volume closely for confirmation of a breakout.
Trade Setup:
Buy Zone: $4.60 – $4.65
Targets: $4.75 / $4.85 / $5.00
Stop-Loss: $4.48