$ATOM Long Liquidation—Rebound Incoming?

#Cosmos ($ATOM) just experienced a long liquidation of $8.176K at $4.949, flushing out weak hands.

This could create a prime opportunity for bulls to step in and push for a recovery.

Market Sentiment:

✅ Liquidity shakeout—potential reversal zone

✅ Increasing volume near key support

✅ Bulls eyeing a breakout from oversold conditions

Trade Setup:

🔹 Entry Zone: $4.98 – $5.08

🔹 Resistance Levels: $5.20, $5.38, $5.55

🔹 Breakout Confirmation Above: $5.10

🔹 Stop-Loss: Below $4.85

🔹 Target Levels:

🎯 TP1: $5.20

🎯 TP2: $5.38

🎯 TP3: $5.55

Next Move: A recovery above $5.10 could confirm bullish strength, leading to upside momentum.

A retest near $4.98 might offer an optimal entry before the next leg up!

Are the bulls ready to take control? Stay sharp!

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