ATOM – Analysis and Strategy Future 18/5/2025

$ATOM

#ATOM #Crypto #Futures

Current price: $4.81 (updated from Binance Futures) 

Technical Analysis:

   •   H1 frame is showing a slight upward trend.

   •   Nearest support at $4.70 – $4.75.

   •   Resistance at $4.85 – $4.90.

   •   H1 RSI around 55, indicating a slight upward trend.

Trading Strategy:

   •   Long:

      •   Entry: $4.75 – $4.80

      •   SL: $4.68 (below support)

      •   TP1: $4.85

      •   TP2: $4.90  

   •   Short:

      •   Entry: $4.88 – $4.90 (resistance zone)

      •   SL: $4.95

      •   TP1: $4.80

      •   TP2: $4.75

Assessment:

The price of ATOM is in a slight upward trend. If it maintains support at $4.75, it may continue to rise. If not, the price may revert to a lower support level. Manage risk tightly when trading with leverage.

$ATOM