Cosmos (ATOM): Waiting For Break of 200EMA | BULLISH AF

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ATOM is pressing against the 200EMA, which has been acting as dynamic resistance for a while. A clean break above this level would be the confirmation we’re waiting for to target higher zones.

The structure remains intact above the support zone, and as long as buyers defend this level, we’re positioned for a move towards $10.70 first, and eventually $15.00 as the larger target.

Right now, it’s all about that EMA break — that’s the trigger for momentum to shift properly in favor of the buyers.

Swallow Academy

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