Cosmos / TetherUS
Alış

ATOM: Approaching Resistance

275
Cosmos (ATOM) technical analysis:

Trade setup: Price broke above the 200-day moving average and $8.50 key level, which confirmed an Uptrend, and reached our target of $10.00. Now we wait for price to either
1) break above $10.00 to signal continuation of an Uptrend with upside to $13.00, or
2) pull back near $8.50 support, which could be an attractive swing trade entry in Uptrend with upside potential back to $10.00.

Trend: Uptrend across all time horizons (Short- Medium- and Long-Term).

Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI > 55 (Bullish).

Support and Resistance: Nearest Support Zone is $8.50 (previous resistance), then $7.50. The nearest Resistance Zone is $10.00, then $13.00.

Feragatname

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