Cosmos(ATOM): Breakout + Re-Test

We're observing a significant development on the ATOM/USDT pair, as we've witnessed a robust breakout from the descending trendline that was previously restraining the bullish momentum. We see that this breakout could lead to a potential retest of the trendline, which, if successful, would confirm the shift to a bullish trend. Currently, our focus is on the $9.7 level.

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The price has not moved much since yesterday, but we had a small downward movement here, potentially going for that re-test as well!

There is also a chance of seeing that upper resistance be reached, so keep an eye on this one for sure.