Atom experienced an increase of 8% from $ 4.49 to $ 4.84 between August 12, 11:00 and 13 August 10:00, supported by a strong trade volume of over 2 million units, signaling strong institutional interest. The Bullish Momentum caught up in the last trade time and topped at $ 4.85 before consolidating to $ 4.83, with significant volume confirmation that reinforces the outbreak over $ 4.78 resistance. A strong support has been established for $ 4.65 and sets the stage for a possible movement against $ 4.90- $ 5.00 range.
Over the last hour, atom rose from $ 4.82 to $ 4.85 – a gain of 0.62% – before it eased slightly to $ 4.83, a 0.21% dip from the session high. Remarkably, the $ 4.85 level was tested and validated by a 24,467-unit volume pike at 1 p.m. 10:20, followed by Profit-Take-Take, which led to a measured withdrawal. Subsequent volume tips of 47,638 units at. 10:44 and 59,892 units at. 10:48 During Recovery Attempt, continued institutional engagement, even in consolidation phases.
The final minutes saw minimal activity, indicating a short break in trading moments. However, the combination of sustained buying interests, increasing support levels and decisive resistance violations suggest that atom is well positioned for continued upside. With Volumendynamics confirming Bullish Intent, the asset remains on the trail of a potential challenge of $ 4.90- $ 5.00 short -term target target.
The move comes when the Bitcoin dominance dipped less than 60% for the first time since January, demonstrating relative strength in the altcoin sector. But if Bitcoin can break over a $ 124,000 and form a new record high, Altcoins may slip when the capital rotates back to BTC.
Key technical indicators
- Atom exhibited a convincing bullish trajectory with a total range of $ 0.38 (8.52%) During the 23-hour trade period.
- Robust Support established at $ 4.65 with significant volume confirmation during the 02:00 recovery phase.
- Resistance materialized close to $ 4.78, when the price action originally encountered resistance at 1 p.m. 20.00 before achieving upward breakthroughs.
- Remarkable momentum acceleration occurred during final hours, especially at.
- Technical breakout supported by sustained volume expansion and increasing support formation.
- Successful study of $ 4.85 resistance zone with robust volume confirmation prior to surplus pressure.
- Volume waves at critical bending points confirming institutional participation during the consolidation phase.
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