AzizKhanZamani

ATOMUSDT Bullish OB| Swing Low| Price Action|Trend

לונג
BINANCE:ATOMUSDT   Cosmos / TetherUS
Evening Traders,

Today’s analysis – ATOMUSDT – trading at a key support level where a rotation back towards the high is probable,

Points to consider,
- Price Action Corrective
- Local OB Support
- .618 Fibonacci Resistance
- POC Resistance
- Low Volume

ATOMUSDT’s immediate price action is trading at an order block, offering support, this allows for a bullish bias.

The .618 Fibonacci and the POC S/R is current resistance, exceeding this level will lead to a trend continuation.

The current volume profile is below average, an influx is highly imminent on the next expansion.

Overall, in my opinion, ATOMUSDT is a valid long with defined risk, price action is to be used upon discretion/ management.

Hope this analysis helps

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