Cosmos / TetherUS

ATOM test crucial support

ATOM / USDT

Price is testing important support which is a confluence between :
1- horizontal support (previous ATH)
2- moving average 100
3- trendline support

So bulls have the higher chance here

Bullish case : if bulls hold here in next few days we can test 40$ zone again (may be higher if breakout )

Bearish case : lose this support by daily candle will dump price to next support between 26$-22$ (or even lower)


Best of wishes 🙏

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