$ATOM USDT 4H Analysis đ¨
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.
đ Key Levels: ⢠Resistance: 1.80 â 1.84
⢠Mid Support: 1.73
⢠Major Support: 1.69 â 1.70
đ Expectation: If rejection continues, price may complete the correction and drop toward the lower channel support.
đ° âProfit Booking Zoneâ lies below â watch for bearish continuation.
â ď¸ Invalidation: Break & close above 1.84 = bullish momentum returns.