🚀 Bitcoin (ATOM) Preparing for a Bounce? Trading Opportunity Analysis!
#ATOM #Cosmos #BinanceFeed
We see a potential opportunity on the 4-hour chart $ATOM / $USDT!
📈 Key Levels to Watch:
Strong Support (Entry Point?): $2.257. This level is critical for confirming a bullish scenario.
First Resistance (Target 1): $2.401. Breaking this level will open the way for further growth.
Final Target (Target 2): $2.474. This is the zone where profit-taking should be considered.
Current Price: $2.360.
💡 Scenario:
A pattern resembling accumulation or a W-shaped reversal is forming on the chart near the support of $2.257. If this level holds, we may see a strong bullish impulse towards targets of $2.401 and $2.474.
❗️ Note: If $2.257 is broken and the price closes below, the scenario will be canceled. Always use stop-loss and manage risks!
❓ Your view: Will ATOM manage to bounce from this zone? Share your thoughts in the comments!
$ATOM
{spot}(ATOMUSDT)