MyCryptoParadise

ATOM/USDT Break Alert!! Indicating Bullish Momentum for ATOM.

BINANCE:ATOMUSDT   Cosmos / TetherUS
๐Ÿ’ŽATOM has recently exhibited significant market dynamics by breaking out of a major descending channel pattern, signaling a bullish momentum, particularly noteworthy due to the breakout occurring on a high timeframe.

๐Ÿ’Ž However, further upside probability hinges on overcoming the resistance area to reach our target zone.

๐Ÿ’Ž In the event of failure to breach the resistance, resulting in rejection, there's a possibility of a downward move towards retesting the support trendline or the demand area.

๐Ÿ’Ž The demand area holds considerable significance, as a failure to bounce from this level could indicate a bearish reversal, potentially leading to further downward movement for ATOM.

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