ATOM Experiences Sharp Volatility in 4% Recovery Rally
The volatility comes as BTC continues to make fresh record highs.

What to know:
- ATOM trades between $4.64–$4.85, showing a V-shaped recovery amid broader crypto market bullishness as BTC hits $123K.
- Technical indicators turn positive, with MACD crossover and RSI at 62.4 signaling momentum, while volume spikes suggest institutional activity.
- Key levels to watch: support at $4.64–$4.67; resistance at $4.85–$4.86; breakout above $5.46 could target $6.20 and $7.75.
ATOM traded within volatile range between $4.64 and $4.85 on Monday.
The move comes among a backdrop of bullish sentiment after bitcoin
ATOM price action shows classic V-shaped recovery, dropping to $4.64 before rallying hard to the $4.85 level of resistance.
It's worth noting that ATOM remains far lower than the previous bull market when it topped $44.55 in a classic "altcoin season."
In the short term, a break above $5.46 would indicate a bullish break out with upside targets expanding to $6.20 and $7.75.

Technical Indicators Summary
- MACD posts positive crossover signaling bullish momentum shift.
- RSI hits 62.40 showing moderate buying without overbought signals.
- Volume spikes past 40,000 units confirm institutional participation.
- Support zone locks in at $4.64-$4.67 with heavy volume backing.
- Resistance forms near $4.85-$4.86 where selling pressure builds.
- Higher lows pattern around $4.67-$4.68 confirms uptrend continuation.
Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk's full AI Policy.