Following a heavy seizure of sales pressure in the early hours of July 24, atoms atoms impressive resilience and rebounding from an intraday low of $ 4.47 to close the $ 4.77 session. 7% turn within 24 hours – defined by a top of $ 4.82 and a low of $ 4.47 – was supported by a powerful volume exceeding 2.28 million units, signaling a strong interest at the lower limit. The rapid absorption of pressure on the sales side and the subsequent recovery reflects a robust technical foundation where $ 4.47 now appears as a key support level to look at.
Zooming into the last trade time, atoms atom managed a further display of bullish determination. It opened the hour of $ 4.69 and mounted a sustained rally where he briefly violated the $ 4.80 resistance zone on volume of over 77,000 units. While this is pushing higher was met with quick distribution near the top, which led to a dip in the late session back to $ 4.74, the token still noted a 1% gain for the hour. The pattern emphasizes opportunistic profits near resistance, but does not lapse the constructive tone built from the morning recovery.
Atom’s strong view comes at a time when the wider market mood is changing. After a week when many called the “Altcoin season” with violent gains across the second-tier-tokens, the tide appears to turn. Several altcoins now see retreats that are weighed down by changing the risk appetite and the traits of gravity in BTC and ETH volatility. In this context, the atom’s ability to hold higher soil and attract the volume of key levels suggests that it may be better placed than peers to weather this cooling phase in the altcoin cycle.
Technical indicators highlight key levels
- The total trading area of $ 0.33 representing 7% fluctuations between $ 4.82 Maximum and $ 4.47 minimum.
- Strong volume support established at $ 4.47 level with trade over 2.28 million units.
- Critical resistance threshold identified at $ 4.80 with elevated volume exceeding 77,000 units.
- Recovery Momentum from $ 4.47 low to $ 4.77 close to indicating buyer absorption of sales pressure.
- Profit-take activity in late session near resistance levels while maintaining bullish trajectory.
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