ATOM Price Analysis!!!
1. **Main Trend:**
- The price reached a high of 44,800, then dropped sharply to 9,931 and continued to decline below 4,656.
- The long-term trend shows a significant decline after a period of strong growth.
2. **Bollinger Bands:**
- The Bollinger Bands are widening, which usually indicates increased volatility.
- The current price is moving near the lower Bollinger band, indicating that the downtrend may continue.
3. **Moving Average (MA):**
- The MA(5) and MA(10) are above the current price, indicating a downtrend.
- The MA(10) is above the MA(5), a sign that the downtrend may continue.
4. **Trading volume:**
- Trading volume has decreased after a period of explosion, which may indicate a lack of interest from investors at the moment.
**Conclusion:**
- The price is in a long-term downtrend with weak support from technical indicators.
- If the price continues to hold below the MA lines and the lower Bollinger band, the downtrend may continue.
***Give me a follow-up to motivate me🥳🥳🥳
>>Note: the market may have unusual fluctuations, manage your risk, always set SL
>>>Do your own research and be responsible for your money😊😊😊