MyCryptoParadise_Simon

ATOM//USDT bullish continuation from support? 🚀ATOM Analysis

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BINANCE:ATOMUSDT   Cosmos / TetherUS
💎 Paradisers, pay close attention to #ATOMUSDT as it reveals an intriguing pattern. Currently, we're evaluating key resistance levels, which could potentially lead to a bullish continuation from the critical support at $11.857. We remain on standby, waiting for the opportune moment before executing our strategy.

💎 In the event that COSMOS loses momentum at the support level, we have a bullish scenario in mind: a turnaround from the lower support at $11.152. This level boasts substantial liquidity, evidenced by previous robust upward movements and significant green candles.

💎 However, should the price decline below this secondary support, it may signal a shift toward bearish territory, accompanied by increased selling pressure. As we closely monitor the #ATOM market behavior, staying alert and adaptable is essential.

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