$ATOM is consolidating after the rejection near 2.000 and price is now stabilizing above the 1.916 reaction low. Selling pressure has cooled down and recent candles are showing smaller bodies which suggests momentum is slowing after the drop.
The 1h structure is forming a short base around 1.93 – 1.94 and buyers are stepping in to defend this zone quietly.
If this structure holds a controlled rebound becomes possible.
My full setup from this chart.
Entry Point
1.94 – 1.92
Target Point
TP1: 1.97
TP2: 1.99
TP3: 2.03
Stop Loss
1.89
It’s possible because downside continuation failed below 1.916 and selling strength is weakening. If $ATOM stays above this support zone the move toward 1.97 becomes the natural first step before momentum attempts higher continuation again.
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ATOMUSDT
永續
1.944
-1.27%