Cosmos (ATOM): Long-Trade Idea
Cosmos (ATOM) has been stuck in a parallel channel for over 700 days. Recently, the price hit the channel's bottom and found support near a key Fibonacci level (0.786). This technical confluence hints at a possible bullish breakout.
Here's a low-risk entry strategy:
Ladder Approach: Gradually buy ATOM at progressively lower prices if it dips further as marked in my analysis.
Small Allocation: Only invest 1% of your capital per trade.
Low Leverage (Optional): Consider 2x leverage to magnify profits while managing risk.#bitcoinhalving #cosmos #ATOM/USDT #Write2Earrn #write2earn🌐💹 $ATOM