Potential Breakout

If ATOM breaks the downward trend and consolidates, it could activate a target of $9. The current price action suggests a higher likelihood of breaking the downward trend.

6/8/20241 min read

ATOM chart showing a potential break of the downward trend with a target price of $9 if consolidatio
ATOM chart showing a potential break of the downward trend with a target price of $9 if consolidatio

If ATOM breaks the downward trend and consolidates, the target of $9 will be activated. It appears more likely to break the downward trend.