$ATOM USDT Perp Market Overview
ATOM is trading at 2.324 after a powerful expansion leg that drove price into the 2.508 intraday high. The breakout impulse showed strong bullish aggression, clearing prior resistance with momentum. However, rejection from the peak triggered a corrective pullback, bringing price back into the 2.30 demand region.
Current structure reflects a cooldown phase rather than trend failure. Price is stabilizing above the 2.26–2.30 support band, where buyers are attempting to absorb sell pressure. The decline from the high came with tapering volume, suggesting profit-taking instead of heavy distribution.
As long as ATOM holds above 2.26, the broader bullish structure remains recoverable with potential for a rebound continuation.
Trade Plan
EP: 2.30 – 2.34
TP: 2.48 – 2.60
SL: 2.18
Momentum Trigger: Break and hourly close above 2.40 reactivates upside continuation toward the 2.50 liquidity zone.
Risk Factor: Loss of 2.26 support exposes price to deeper retracement toward the 2.20 demand base.
Professional Outlook: Post-impulse retracement is forming a potential higher-low structure. If buyers defend current support and reclaim momentum levels, ATOM is positioned for another expansion attempt toward recent highs.
