What to know:
- In a twist worthy of a Russian novel, ATOM has staged a remarkable 6% recovery, leaping from the depths of $4.01 to a dizzying $4.27 in just 24 hours! Who knew crypto could be so dramatic? π
- This miraculous ascent comes as the crypto markets, like a phoenix from the ashes, bounce back after a sell-off that was as unexpected as a snowstorm in June, all thanks to the brewing conflict between Iran and Israel. πͺοΈ
Ah, the impact of Middle Eastern conflicts seems to be fading like a bad dream, with ATOM forming a bottoming pattern around the $4.01-$4.05 support zone. Itβs as if the coin decided to take a deep breath before breaking through resistance levels with the vigor of a caffeinated squirrel! πΏοΈ
Technical Indicators
- During the fateful hour of 20:00 on June 15, ATOM formed a bottoming pattern around the $4.01-$4.05 support zone, with volume so high it could have filled a Russian ballet theater! π
- The recovery gained momentum during the early hours of June 16, breaking through the $4.18 resistance level like a bear through a poorly constructed fence, with volume that could wake the dead! π»
- Price established a new uptrend channel, with higher lows and higher highs, suggesting that the bulls are back in town, and they brought their party hats! π
- In the last hour, ATOM climbed from $4.244 to $4.274, a 0.7% gain that would make even the most stoic accountant crack a smile! π
- Price action formed a clear ascending channel with higher lows at $4.238, $4.249, and $4.262, confirming that the bullish momentum is as real as a babushka’s love! β€οΈ
- A significant volume spike occurred at 14:02, when the price broke through the $4.265 resistance level with over 32,000 units traded, making it a day to remember! π
- ATOM established a new local high at $4.274 before consolidating, confirming that the broader recovery trend is as solid as a well-cooked borscht! π²
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2025-06-16 19:35