โ๐ข LONG โ $ATOM /USDT ๐
โ๐ Bullish Recovery / Resistance Breakout
โ๐ Entry: 1.710 โ 1.730
โ๐ฏ Take Profit Targets:
โ1.741 ๐ฐ
โ1.785 ๐ฐ
โ1.850 ๐ฐ
โ๐ Stop Loss:โ1.650 โ
โโก Leverage: Max
๐ผ Risk: 1% โ 2%
โTechnical Analysis:
$ATOM is showing a strong bullish recovery on the 4h chart, currently up +2.19%. The price has successfully climbed above the MA(7) (1.695), MA(25) (1.691), and MA(99) (1.720). The most recent candle is a strong bullish breakout, supported by a significant increase in volume. If the price maintains its position above the MA(99), it is likely to test the previous local high near 1.741 and potentially move higher.
โNote: Always use a stop loss and manage your risk, especially when trading near major moving average crossovers.