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$ATOM Long Signal Setup 🚀
$ATOM USDT is trading at $1.980, up +5.38%, with price holding above all key moving averages and showing consistent bullish momentum.
📈 Technical Outlook:
· MA(7): $1.967
· MA(25): $1.930
· MA(99): $1.940
Price is trading above the 7-period MA, and all EMAs are in bullish alignment. Higher lows are forming, and price is currently testing the 24h high zone.
🎯 Long Trade Setup:
📍 Entry Zone: $1.975 – $1.985
🎯 Take Profit Targets:
· TP1: $2.000
· TP2: $2.010 (above 24h high)
· TP3: $2.030 (extension)
🛑 Stop Loss: $1.955 (below MA(7) support)
📊 Additional Context:
· 24h High: $2.009
· 24h Low: $1.870
· 24h Vol(ATOM): 17.48M — steady accumulation
· Price structure: Trading near session highs, ready for breakout
⚠️ Risk Note:
Uptrend intact with price approaching 24h high. A clean breakout above $2.009 with volume would confirm continuation. Wait for pullback near MA(7) or breakout confirmation. Trail SL once TP1 is hit. Momentum favours buyers.
#CZAMAonBinanceSquare #ATOM #CosmosATOM