Atom swung within a $ 0.12 corridor between $ 4.22 and $ 4.33 – a 3% range that reflects the strategic positioning of the coin in the middle of Makrovind. Despite the intraday volatility, the price action was largely constructive, with bulls staged a breakout near Midnight UTC on August 4, pushing the token to a session high at $ 4.33. The rally was supported by heavy trading volume, peaking at 723,991 units during the upward wave before turning against opposition to the newly created high.
A reliable support floor solidified to $ 4.26 after several successful tests throughout the session. Meanwhile, the area emerged $ 4.29- $ 4.30 as immediate overhead resistance, suggesting that a short-term consolidation channel is formed.
INTRADAY SNAPSHOT: Quick winnings in the last hour
The most dramatic price movement came within an hour of window between 13:08 and 14:07 UTC on August 4th. Atomic Consolidated Originally in $ 4.26- $ 4.27 tape before triggering a breakout at 1 p.m. 13:35. The move pushed the price up to $ 4.29 with intraday gains of 1%. Volume spiked over 288,000 units during this rapid increase, indicating a robust influx of momentum -driven purchases.
At the end of the hour, atom had stabilized in the range $ 4.28- $ 4.29, as the volume tapered, but the price kept near local height terms of buyer overrun and reduced surplus pressure.
Technical Analysis: Bullish indicators in focus
- Breakout -Confirmation: Strong upward moving from $ 4.28 to $ 4.33 under Spike with high volume (723,991 units) signalizing outbreaks with conviction.
- Support formation: $ 4.26 tested several times and held, reinforcement as a critical level in the short term.
- Resistance tape: $ 4.29- $ 4.30, now acting as a short -lived ceiling, potential swivel zone to the next leg.
- Volume-led rally: Over 288,000 units exchanged during 13:37 breakout confirms institutional or momentum dealer activity.
- Two-phase structure: Initial consolidation phase followed by sharp breakout and stabilization indicates a potential continuation pattern.
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