ATOM crypto saw a 6% rise within a day, successfully breaking a declining trendline. Staying above the critical resistance level at 5 USD is essential for further upward momentum.
The MACD indicator shows weak bullish momentum, indicating a potential stabilization phase in the market. Should ATOM establish positions above 5 USD, further price rallies may occur.
Significant liquidation concentrations are noted near 4.87 USD and 5 USD. Maintaining prices above these levels is crucial to avoid bearish market reactions.
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