ATOM Technical Analysis in a 3-Day Timeframe

30 Jul

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Now, let’s dive into this chart analysis:

ATOM is currently holding a crucial support trendline at $5.727. It is important to see if ATOM can hold strong and reach higher levels, or if it will break down further.

The 21 EMA serves as the primary resistance for ATOM, and a close above it will likely allow the price to rally higher.

Key levels:

- Important Support/Entry: $5.727 to CMP
- Primary Resistance: $6.855
- Target: $13.62
- Invalidation Point: a close below the support trendline.

DYOR, NFA.

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