Cosmos [ATOM] traders should look for these signs before going long

Quick Summary:

ATOM is eyeing a key EMA resistance - Here's what that means!

Despite the volume drop, Open Interest increased by 1.39%, showing market participants retaining their positions and potentially anticipating a breakout or trend reversal.

Resistance Levels: On the upside, ATOM seemed to face immediate resistance at the 50-day EMA ($4.47) and $5.66.

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Article Details

Author / Journalist: Yash Majithia

Category: Crypto

Markets: United States

Topics: News 1 Trading View Altcoin News Analysis Social

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-08 @ 08:30:04 (10 hours ago)

News Timezone: GMT +8:00

News Source URL: ambcrypto.com

Language: English

Article Length: 499 words

Reading Time: 3 minutes read

Sentences: 28 lines

Sentence Length: 18 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © AMBCrypto

News ID: 23468806

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About AMBCrypto

Main Topics: Crypto

Official Website: ambcrypto.com

Update Frequency: 18 posts per day

Year Established: 2018

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #103

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