š Cosmos (ATOM) Trade Setup & Technical Analysis
š¹ Current Price: ~$4.80
š¹ Chart Pattern: Consolidation zone with a possible double-bottom & bullish Golden Cross (50MA > 200MA).
š Trade Idea:
Entry Zone: $4.75 ā $4.80
Stop-Loss: $4.48 (below key support $4.61)
Targets:
ā TP1: $5.60
ā TP2: $6.50 ā $6.77
š Risk-Reward:
To TP1 ā ~1:2.5
To TP2 ā ~1:5.6
š® Probability:
~90% chance ATOM stays between $4.30 ā $5.71 in the next 3 months.
Indicators (RSI, MACD, MAs) show Strong Buy signals.
ā ļø Watch Levels:
Break above $4.86 ā bullish continuation.
Drop below $4.60 ā caution for deeper correction.
š ATOM looks primed for a potential breakout with strong upside risk/reward.
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