So, has ATOM bottomed? Maybe. But in the crypto market, "bottomed" is as definitive as saying "this is definitely not a black hole." Maybe, ATOM will take you to a profitable trade.Let’s have a quick look at daily chart .

As of today, August 19, 2024, the ATOM/USDT pair has shown some stability with a slight positive movement.

The price increase, although slight, suggests a neutral to mildly bullish sentiment for ATOM .The market seems to be showing some support around the $4.56-$4.57 range, which might be an encouraging sign for short-term traders.

For Long Positions:Consider entering a long position if ATOM continues to show strength and maintains above $4.5774, particularly if there is increased volume on upward moves.

ATOM/USDT is showing slight bullish momentum for today, with a small increase from its opening price. Traders should monitor how the price reacts around the $4.5774 resistance level and consider these factors when making trading decisions.$ATOM #Atom #CosmosEcosystem