This chart shows Cosmos (#ATOM) against Tether (#USDT) on a daily timeframe. After a prolonged downtrend, ATOM appears to be breaking out of a descending channel, hinting at a potential reversal. The price has bounced off the support level around $5.088, with a notable increase of 3.86%. The projected target, indicated by the upward arrow, suggests a potential move to $13.594, a massive 167.30% gain from the current level. This setup could be the perfect opportunity for those looking to catch the next big wave in the crypto market.
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I keep the deal open!Trade active
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.