Whale Analysis: On-chain data indicates that the large holder $ATOM is currently defending the accumulation zone between $1.92 - $2.05. Despite a weekly decline of 6%, "smart money" is using the $2.10 level to absorb retail panic selling due to recent security concerns in the ecosystem.
Technical Pattern: On 5 and 15-minute time frames, ATOM is forming a double bottom pattern at the $2.08 level. The current price of $2.10 is attempting to turn the EMA(26) resistance into support. Recovering the $2.17 level will confirm a bounce after the "liquidity pull" targeting the price gap upwards towards $2.40.
Manipulation Watch: Whales are likely to be "hunting" stop-loss orders near the psychological mark of $2.00. Any quick candle wick below $2.05 followed by a quick recovery with high trading volumes is the classic signal for institutional buying entry.
Trade Details:
Trend: Buy (Long)
Entry: $2.06 – $2.11
Take Profit: $2.38 (Main resistance target)
Stop Loss: $1.92 (Below the recent structural lows)
Leverage: Medium (10x – 12x)
Risk Warning: Market sentiment is in a state of "Extreme Fear". Ecosystem fragmentation and capital flight remain high-risk factors. Adhering to stop-loss is mandatory.