ATOM is showing early signs of recovery, but the broader HTF structure remains bearish.
The key levels I'm watching:
~$1.50–$1.70 → Current support area
~$2.00 → First resistance / level to reclaim
$3.74 → Major HTF resistance / previous S/R flip
Price is currently approaching the $2.00 resistance area after an extended downtrend.
A successful reclaim and hold above this level would be the first sign of improving market structure.
The next major level to watch is $3.74, where previous support has turned into resistance.
Reclaim first, then watch the reaction.
Want a lower timeframe breakdown? Let me know in the comments.
ATOMUSDT
Perp
1.699
-1.39%
