Cosmos ($ATOM ) Price Holds in Tight Range as Institutional Buying Hints at 2025 Breakout Potential
#Cosmos (ATOM) spent the past 24 hours trading within one of its narrowest ranges in recent weeks, reflecting a market caught in a tense standoff between aggressive buyers and determined profit-takers. The token moved in just a $0.18-wide channel, with $4.60 acting as a firm institutional ceiling and $4.47–$4.48 holding as a strong buyer’s floor.
The latest movement follows a surge in institutional interest earlier this week, particularly on August 12, when buying volumes spiked to nearly 1.93 million tokens during a sharp intraday recovery. However, sellers quickly erased much of those gains before the market closed, leaving traders debating whether ATOM is in healthy consolidation or on the brink of a trend reversal.
Institutional Buying Surge Meets Last-Minute Sell Pressure
The real action began on August 12, when institutional players lit up the order books with heavy buys, briefly pushing ATOM higher in a brisk upward move. The sudden rush of orders brought volumes to 1,927,633 tokens in just one hour, sparking optimism for a potential breakout above the $4.60 resistance.
However, the rally lost momentum in the final hour of trading. A wave of sell orders broke through multiple support levels, dragging #ATOM from $4.57 to $4.51 — a 1% decline in under 25 minutes. This rapid selloff erased much of the morning’s grind higher, signaling that sellers remain firmly in control at key resistance levels.
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