🔍 An altcoin that has potential?

Cosmos (ATOM) has been in a bear trend for several years now. The price has returned to around the lows of 2020, and the bulls may have a play!

👉 sector: Layer 1
👉 weekly situation: Technical rebound

Let's move on to the technical analysis:

➡️ bullish signal: stay above $1.65 at close / rebound above moving averages (EMA13/MA30) / break of the bearish trendline / close above $2.7 / bullish momentum (break of the trendline on the RSI)
➡️ possible targets: $5.4 / $10.6 / $17
➡️ invalidation: return below $1.65 at close

$ATOM