After a heavy bout of selling pressure during the early hours of July 24, ATOM demonstrated impressive resilience, rebounding from an intraday low of $4.47 to close the session at $4.77. The 7% swing within 24 hours—defined by a peak at $4.82 and a low at $4.47—was supported by heavy volume exceeding 2.28 million units, signaling strong interest at the lower boundary. The rapid absorption of sell-side pressure and the subsequent recovery reflect a robust technical foundation, with $4.47 now emerging as a key support level to watch.
Zooming into the final hour of trading, ATOM managed a further display of bullish resolve. It opened the hour at $4.69 and mounted a sustained rally, briefly breaching the $4.80 resistance zone on volume exceeding 77,000 units. While that push higher was met with fast distribution near the top, leading to a late-session dip back to $4.74, the token still notched a 1% gain for the hour. The pattern underscores opportunistic profit-taking near resistance b
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