The chart analysis of Atom, or Cosmos, presents a visually intricate scenario. On the daily chart, we've recently witnessed the completion of Wave 2. This structurally aligns with a larger 1, 2, 3, 4, 5 wave pattern. This, in turn, is part of a broader five-wave structure. Currently, Cosmos doesn't seem to offer an opportune entry point. I anticipate Atom to complete Wave 3, reaching approximately $13.50, and subsequently forming Wave 4. Once weakness appears in Wave 3, signaling a potential Wave 4, I'll issue a limit order. As of now, entering this trade doesn't seem favorable due to elevated risk. Stay tuned for potential entry opportunities. ๐๐
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