ATOM Token Volatility Analysis
The ATOM token experienced notable volatility from June 24 15:00 to June 25 14:00, establishing key resistance at $4.14 and finding support around $3.99. Substantial trading volumes suggest strong market interest at these price points.
This price action comes as major institutional players like Nano Labs begin diversifying beyond Bitcoin, potentially unlocking fresh liquidity for previously overlooked altcoins in the ecosystem.
Technical Analysis Highlights
- Trading Range: ATOM-USD exhibited a trading range of $0.145 (3.6%) over the 24-hour period, moving from a high of $4.140 to a low of $3.994.
- Significant Volatility: Major volatility occurred during the 16:00 hour on June 24th, with price surging to session highs on above-average volume (1.36M), establishing resistance at $4.14.
- Support Level: Support emerged around the $3.994-$4.005 zone during the 09:00 hour on June 25th with substantial volume (1.02M), indicating strong buyer interest.
- Potential Bullish Reversal: Price recovered to $4.060, forming a potential higher low pattern that could signal a short-term bullish reversal if volume supports upward movement.
- Last Hour Volatility: In the last 60 minutes from 25 June 13:06 to 14:05, ATOM-USD displayed 1.3% volatility with a price range of $0.054.
- Key Resistance Zone: A key resistance zone formed around $4.060-$4.061 between 13:45-13:47, with significant volume spikes (80.2K) during the 13:37 period.
- Brief Selloff: A brief selloff at 13:50 pushed prices to $4.049, but buyers quickly established support at $4.045.
- Indication of Momentum: The subsequent recovery formed a higher low pattern indicating potential bullish momentum heading into the next session.
Comments (4)
Ausullubawa
01:34 - 26/06/2025
https://tradesavi.com/flash-news/atom-surges-3-6-amid-strong-volume-swings-at-key-support-levels/
Ausullubawa
01:34 - 26/06/2025
https://tradesavi.com/flash-news/atom-surges-3-6-amid-strong-volume-swings-at-key-support-levels/
Nsikak Okon John
22:42 - 25/06/2025
Cool
Nsikak Okon John
22:42 - 25/06/2025
Cool