Current Situation:

The price of ATOM is trading at $8.893, forming accumulation in the range. Local support with FVG indicates a potential bounce upwards, but there remains a possibility of a deep test of lower levels.

Important Levels:

Support:

$8.305 – 50% correction zone and key FVG.

$8.056 – 61.8% correction, important for the bounce.

$7.512 – $7.250 – deep correction zones where a final reversal is possible.

Resistance:

$9.359 – local profit-taking level.

$9.560 – key zone for a bullish breakout.

Strategy:

Upward bounce from the zone $8.305 – $8.056, with targets at $9.359 and main resistance at $9.560.

Alternative Scenario: deepening correction into the area $7.512 – $7.250, where buyers may show activity, pushing the price upwards.