Currently, there is a huge selling volume on yesterday, however structure is still looking fine. Pay extra attention of the range low and NPOC which the price is sitting roughly around 8.1-7.9 where it is really an important level for ATOM to hold, I am expecting a reaction coming over this area however it all depends on how BTC behave. As long as BTC is holding or consolidating, ATOM got a pretty good chance to continue its rally again towards the mid range or even range high! Peace.
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