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🪙 Coin Name:#ATOM/USDT 2h
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On the 2-hour time frame, ATOM has formed a descending triangle chart pattern. This pattern typically indicates a potential bearish continuation, but in this case, the Relative Strength Index (RSI) has shown bullish signs. The RSI's bullish divergence suggests that the downward momentum is weakening, and a reversal might be imminent. Indeed, ATOM has broken through the resistance line of the descending triangle, signaling a bullish breakout. This breakout, combined with the positive RSI indications, points to a bullish trend for ATOM.
Entry: 8.338 - Market Price
Signal Type: LONG
Take Profit-
🎯$8.600
🎯$8.800
🎯$8.900
🔒 Leverage: 20x
⛔ Stop Loss at: $8.200
Technical Target
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