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ATOM Shows Resilience Amid Crypto Market Uncertainty
Despite market uncertainty, Cosmos token maintains stability while trading in a tight range
Jun 4, 2025, 8:07 a.m.
What to know:
- ATOM-USD traded in a 2.47% range over 24 hours, oscillating between $4.491 and $4.383.
- Significant volatility at 01:35 created a strong support level at $4.444 with exceptionally high volume (41.8M).
- Bullish momentum surge between 02:02-02:04 broke above the $4.458 resistance level.
Uncertainty continues to shape cryptocurrency markets as ATOM trades within a tight range between $4.383 and $4.491.
The Cosmos token has demonstrated remarkable stability despite heightened volatility in traditional markets, with strong buyer support emerging at key levels.
STORY CONTINUES BELOW
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Recent political developments have created a complex backdrop for digital assets, though ATOM's recovery pattern in the last trading hour suggests underlying strength amid the uncertainty.
Technical Analysis
- ATOM-USD traded in a 2.47% range over 24 hours, oscillating between $4.491 and $4.383.
- Strong volume support emerged at $4.437 during the 13:00 hour with above-average volume of 1.17M.
- Resistance level established at $4.479 during the 19:00 hour.
- Notable bearish move occurred at 21:00 when prices dropped to the period low of $4.383.
- Recovery pattern formed in the last hour, with ATOM climbing from $4.449 to $4.460 (0.25% gain).
- Significant volatility at 01:35 created a strong support level at $4.444 with exceptionally high volume (41.8M).
- Steady uptrend formed from 01:43 onward, establishing higher lows.
- Bullish momentum surge between 02:02-02:04 broke above the $4.458 resistance level.
- 60-minute trading range (1.35%) was tighter than previous day's volatility, suggesting consolidation with bullish bias.
AI 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.
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