Channel still intact… but pressure building.
$ATOM has been respecting this rising channel perfectly higher highs, higher lows, clean structure. That spike toward 2.48 got rejected hard, and now price is pulling back toward mid-channel around 2.31.
What matters now is simple:
• As long as lower trendline holds → structure remains bullish
• Break below channel support → momentum shifts fast
• Reclaim 2.38–2.40 zone → buyers regain control
Right now this looks like a healthy pullback inside trend, not a full breakdown. But momentum cooled after that wick rejection.
Trade idea (short-term):
Entry: 2.28 – 2.32
TP1: 2.38
TP2: 2.45
SL: 2.24
If channel support cracks, bias flips bearish quickly.
Trend is your friend… until it breaks.
#TradeCryptosOnX #HarvardAddsETHExposure #WhenWillCLARITYActPass

ATOM
1.907
-1.65%