ATOM.usd setup for possible 45% move: Strong Support Resistance

ATOM has been a laggard within the Alts herd.
But it maintains a bullish structure and direction.
Look for a dip to support below then possible jump.

$ 2.4041-4487 should be strong support.
$ 3.5511-3.5849 should be strong resistance.
$ 1.8305-1.8488 alternate entry but not strong.

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Comentarios:

( ( Ping ) )

Target Hit EXACTLY

Looks like it will get past it.
But some profits taken off table.
Trailing stop on the remaining.

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Zoom IN (1 h)

One can't get any more EXACT than that.

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Lets see how far it comes back, might be dip much.

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Comentarios:

Secondary Ping

Hit the top of resistance zone this time

and is pulling back now.

Earlier celebration of target hit might have been a bit premature.
Such a quick retest of higher resistance bounce still shows strong bull.
Lets see where this pullback goes, probably deeper than last one imo.

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