2025/8/7 #ATOM# $ATOM rebound oscillation phase after oversold

1. Price Trend Analysis
Recent rebound: Since the low point of 4.035 on August 3, the price has continuously risen to 4.342 (latest data), forming a clear upward channel.
Volume and price coordination: The trading volume significantly increased during the breakout on August 6 (for example, 1.46 million at 12:00), which is consistent with the characteristics of a healthy rise.
Evolution of highs and lows: Continuous occurrence of higher highs and higher lows (HH+HL), which is a typical bullish trend structure.
2. Technical Indicator Confirmation
MACD Indicator:
The histogram has been positive for 10 consecutive periods (0.016133)
The DIF line (-0.001565) is about to cross above the zero axis, and the DEA line (-0.017699) is converging at an increasing rate.
EMA arrangement:
The fast line (4.253) has crossed above the slow line (4.255), forming a golden cross.
The slope of the dual line changes from negative to positive.
Momentum Indicator:
RSI rose from the oversold zone of 30 to 55.44 (neutral to strong)
The %K (98.11) and %D (79.47) of StochRSI remain at a high level and are flat.
3. Key Turning Point
Multiple bullish signals appeared on August 3:
The MACD histogram has turned from negative to positive.
StochRSI forms a bottom golden cross
Price breaks the previous low downtrend line
4. Potential Risk Points
Volume contraction: The latest candlestick volume (590,000) has decreased compared to the previous two days.
RSI Divergence: The price makes a new high while RSI does not sync to a new high (54.73→55.44)
Short-term oversold: StochRSI is close to the oversold area.
Comprehensive judgment: Trend of the rebound and consolidation phase after oversold.
Current status:
1. Main Uptrend Phase (From August 3 to Present)
2. Secondary Trend: Mid-term Rebound (relative to the decline that started on July 29)
3. Key resistance: 4.34-4.37 area (previous high + EMA200 pressure)
Operation Suggestions:
Holding coins and waiting: until a top structure appears (such as MACD cross down or breaking below the trend line)
Risks of chasing gains: need to wait for a confirmation of the support area at 4.25-4.28.
Stop loss reference: A valid fall below 4.25 will damage the short-term upward structure.