🔷️ On the daily timeframe, #ATOM is forming a rising triangle pattern. However, the price has once again faced selling pressure from the resistance area. This pullback may continue down to the blue line, which represents the support of the formation.
As long as $ATOM holds above the blue line, the bullish structure remains valid, and potential resistance levels are marked with yellow lines.
⚠️ This is not investment advice.
Technical analysis is based on historical data and does not guarantee results. Always conduct your own research before making any financial decisions.
