SasanSeifi 💁♂Short-Term Price Movement in 2-Hour ChartBINANCE:ATOMUSDT As observed in the 2-hour timeframe, the price is currently trading and ranging within the $8.37 price area after minor fluctuations. The price is crossing above the EMA60.
Short-term Scenario (2 hours):
If the price consolidates above the EMA60, a potential short-term scenario could be for the price to move towards the $8.50 - $8.70 zone with minor positive fluctuations, followed by a minor pullback and another upward movement towards the $9 supply target zone. To better understand the continuation of the price trend, observing how the price reacts to the supply zone is crucial. The potential short-term trend is also illustrated in the above chart.
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