The cryptocurrency market is facing volatility influenced by rising tensions between U.S. President Donald Trump and CEO Elon Musk. This instability affects digital asset trading.
ATOM established crucial support around 4.25 USD after a 4.7% decline. Strong buying interest indicated a potential recovery, with a positive shift seen as it increased to 4.314 USD.
Technical analysis identified a support range of 4.25-4.27 USD, supported by buying volumes. The recovery pattern showed higher highs, with significant purchases noted at critical timestamps.
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