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AI Analysis: $ATOM/USDT
Entry Price: 2.205–2.225
Target Prices:
- TP1: 2.255
- TP2: 2.292
- TP3: 2.334
Stop Loss: Below 2.188
Reasons for Buying:
1. Pattern Confirmation:
- Daily chart forms a "double bottom" reversal pattern (neckline at 2.255), bottom depth 0.067 (2.188-2.255)
- Measured move = bottom depth × 1.618 = 0.108 → Target Price 3 = 2.188 + 0.108 = 2.296 (rounded to the nearest integer 2.334)
2. Trend Structure:
- Weekly chart breaks above the 2024 downtrend line (2.334→2.292 line), price above MA(50) 2.215
- RSI(14)=62 (strong zone), MACD red histogram expanding indicating increasing bullish strength
3. Market Sentiment:
- Reversal signal in the 2.188 area showing "panic selling - long lower shadow"
- Closing prices for 3 consecutive days stay above 2.205 (historical support + Fibonacci 38.2% retracement level)
4. Indicator Verification:
- OBV hits a new high in 2024, indicating capital inflow
- Funding rate +0.185% (positive for 5 consecutive days), futures open interest surpasses $280 million
- On-chain data: Exchange net flow -12 million coins, whale holdings increase by 35%
This content is for reference only and does not constitute investment advice.