ATOM/USDT Update:
Price is currently forming a descending triangle pattern, showing consistent lower highs while holding the same support level. 📉
We’re now sitting right at support, so this is a key area to watch. Let’s see how price reacts here — a strong bounce could lead to a recovery, but a break below would confirm further downside.
Alternatively, a break of the trendline would signal potential reversal and long opportunities ahead.
Price is currently forming a descending triangle pattern, showing consistent lower highs while holding the same support level. 📉
We’re now sitting right at support, so this is a key area to watch. Let’s see how price reacts here — a strong bounce could lead to a recovery, but a break below would confirm further downside.
Alternatively, a break of the trendline would signal potential reversal and long opportunities ahead.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.