$ATOM rose 21% to $2,048, but futures funding has already reached 0.01% per period.
The short-term outlook remains bullish, but the risk of a correction is increasing after the sharp rally. As long as the price holds in the $1.95 to $2.00 range, there is still room to rise. If that range breaks, bullish momentum will begin to weaken, and profit-taking could push prices lower.
The short-term outlook remains bullish, but the risk of a correction is increasing after the sharp rally. As long as the price holds in the $1.95 to $2.00 range, there is still room to rise. If that range breaks, bullish momentum will begin to weaken, and profit-taking could push prices lower.