ATOMUSDT At the moment, the price is in an accumulation phase.The buyer interest zone lies between $3.806 – $3.601, which also serves as a strong support area. We may see solid spot/futures entries here and the potential start of a new upward move.
What we’re really waiting for is liquidity to be swept in this zone — where tons of stop-losses have clustered. Such a shakeout would be a perfect setup for a bullish impulse.
Spot/futures accumulation is valid within this zone.
DYOR.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.