Atom traded in a tight interval over the last 24 hours of price action dominated by institutional currents. Between August 11 at 1 p.m. 15.00 and August 12 at. 14:00 the token swung 4% between $ 4.65 and $ 4.47. Heavy sale from $ 4.65 to $ 4.45 on August 11 gave way to strong purchases the following morning, with volumes spiking at 1.93 million tokens. Resistance formed to $ 4.60 while repeated jumped from $ 4.47- $ 4.48 highlighted a fixed support zone.
The Kosmos -Ecosystem also got a lift from Coinbase’s list of Dydx (Cosmosdydx)that jumped from $ 0.59 to $ 0.63 on the news. Atom’s recent price behavior fits an accumulation pattern between $ 4.47 and $ 4.60, with strategists that look potential up to $ 5.48 in 2025 as institutional adoption grows.
The last hour of trade experienced renewed volatility, with atom sliding 1% from $ 4,57 to $ 4.51 in 22 minutes as sellers over -labeled support for $ 4.55 and $ 4,53. Elevated volumes during drop confirmed profit and repositioning, emphasized a consolidation phase with clear institutional boundaries on both sides.
Market Analysts identify mixed technical prospects
- The total institutional trading area of $ 0.18 representing 4% spread between maximum $ 4.65 and minimum of $ 4.47.
- Stated institutional sale from August 11 at 1 p.m. 16:00 to 22:00, which fell from $ 4.65 to $ 4.45.
- Extraordinary institutional trade volume of 1,927,633 units during August 12, 11: 00-12: 00-recovery phase.
- The most important institutional resistance level established at $ 4.60, where profits arose on a strong volume.
- Institutional support zone materialized around $ 4.47- $ 4.48 with multiple successful accumulation phases.
- Clear institutional resistance of $ 4.57 level with intensified sales pressure during the final trade time.
- Accelerated institutional repositioning through support levels of $ 4.55 and $ 4.53.
- Modest Institutional Recovery Attempt from $ 4,51 Support Establishing the Consolidation Area $ 4,52- $ 4.53.
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