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ATOM/USDT 4-hour chart:
Trend: Uptrend, supported by trading above the 200EMA.
Structure: Forming HHs/HLs
respecting a trendline as a reliable support.
Current Status: Rejection observed at the 200EMA
suggesting potential bullish momentum.
Expectation: Anticipating a bullish move from the current level to retest previous highs.
Outcome: Projecting a potential 10-30% return from the current price level.
December 24, 2023 at 2:33 PM
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