【See Falling】
ATOM is currently reported at 1.659; down 5.90% over the past 24 hours. Over the past 7 days, it is still down 6.35%. Intraday range: 1.621–1.771.
For ATOM, intraday: 1.621–1.771. The rebound has low volume; the 7-day chart is still closing bearish.
The rebound is on decreasing volume while the decline is on increasing volume—volume-price structure is bearish.
In the short term, it is more inclined to fall.
【Reasons for a Bearish View】
A 24-hour drop of 5.90% indicates that aggressive selling has not yet exhausted.
For the short term, first watch whether 1.621 can hold. If it breaks, don’t catch the falling knife.
$ATOM #ATOM
ATOM is currently reported at 1.659; down 5.90% over the past 24 hours. Over the past 7 days, it is still down 6.35%. Intraday range: 1.621–1.771.
For ATOM, intraday: 1.621–1.771. The rebound has low volume; the 7-day chart is still closing bearish.
The rebound is on decreasing volume while the decline is on increasing volume—volume-price structure is bearish.
In the short term, it is more inclined to fall.
【Reasons for a Bearish View】
A 24-hour drop of 5.90% indicates that aggressive selling has not yet exhausted.
For the short term, first watch whether 1.621 can hold. If it breaks, don’t catch the falling knife.
$ATOM #ATOM
