🔥 ATOM Important Bounce Of Long-Term Bullish Support

Around three weeks ago I made an analysis on ATOM and the potential bounce from the support of the long-term bullish channel. As of today, the bounce has finally occurred and we can start looking for potential long entries.

With this bounce, the long-term channel is still intact. Every bounce from this support level has caused massive gains in the following months, so I'm going to expect the same for this time. However, be cautious of the current market environment since several tokens have already broken their long-term bullish trends, so adjust your risk accordingly.

Long-term target are the current all-time high and the top of the channel.