$ATOM USDT 4H Analysis 🚨
ATOM is currently moving inside a descending channel and facing strong resistance near the upper trendline.
Price rejected from the supply zone (~1.80 - 1.84) and showing a potential ABC correction structure.
🔍 Key Levels: • Resistance: 1.80 – 1.84
• Mid Support: 1.73
• Major Support: 1.69 – 1.70
📉 Expectation: If rejection continues, price may complete the correction and drop toward the lower channel support.
💰 “Profit Booking Zone” lies below — watch for bearish continuation.
⚠️ Invalidation: Break & close above 1.84 = bullish momentum returns.