ATOM: Can bulls sustain rally for more gains?
ATOM buyers claim the $7 price level, signaling their long-term bullish intent. ...
- ATOM (Cosmos) experienced a 10.4% gain in the last 24 hours, consolidating its bullish rebound above $7.
- Buyers successfully flipped the $7 resistance level to support, signaling long-term bullish intent.
- The Relative Strength Index (RSI) surged from 29 to 63, indicating significant purchasing power of bulls.
- The On Balance Volume (OBV) rose from 188 million to 191 million, suggesting potential for more gains in the mid to long term.
- Shorts in the futures market suffered losses of $225.15k, accounting for 87.3% of total liquidations.
Go to publisher site
The sentiment in the article is predominantly positive, highlighting the bullish gains and demand for ATOM.