The Cosmos ecosystem token has established key support levels around $4.50 as traders navigate the complex interplay between traditional finance concerns and digital asset opportunities.
Ethereum whales have doubled their transaction activity in 24 hours, with large transaction volumes surging 164.14% to $7.84 billion, potentially signaling the start of an altcoin season, of which ATOM would benefit.
ATOM-USD experienced a volatile trading session with a 3.5% range, showing strong volume support at the $4.502 level where buyers stepped in with 1.63M volume.
Technical Analysis Breakdown