Binance Technical Analysis: $ATOM

/USDT 🚀

ATOM/USDT is showing strong upward momentum, with the price recently hitting a 24-hour high of $7,628. Here’s a quick breakdown of the key targets to watch for potential trading opportunities:

Target 1: $7.80

The first resistance level to watch is $7.80. A break above this level could trigger further bullish momentum, with ATOM potentially heading for higher targets.

Target 2: $8.00

The next major target is at $8.00. If buying pressure continues, ATOM could test this level as it coincides with previous peaks and significant Fibonacci retracement levels.

Target 3: $8.20

Beyond $8.00, $8.20 is a key psychological resistance. A sustained rally beyond this point would indicate strong bullish strength, which could lead to an extended rally.

Current Price: $7,348 (+0.55%)

24-Hour High: $7,628

24-Hour Low: $6,266

24-Hour Volume (ATOM): 10.32M

24-Hour Volume (USDT): 71.76M

Momentum: ATOM/USDT is in an uptrend supported by increased volume. Keep an eye on these targets for potential breakouts.