$ATOM slipping back under pressure ⚠️
After a brief bounce off $4.46, $ATOM got rejected near $4.87 and has now lost the key EMAs on the 4H chart.
🔍 Observations:
• Price dropped below EMA(7), EMA(25), and EMA(99)
• RSI(6) dipped to 31 — near oversold zone
• Volume drying up, suggesting lack of bullish momentum
• Support to watch: $4.65 → if broken, $4.46 may be retested
Caution here. Momentum fading unless bulls can reclaim $4.80 fast.