Cosmos (ATOM) Tests $4.52 Support — RSI Hints at Possible Rebound
I see Cosmos (ATOM) dropping 6.44% to test key support at $4.52. The move is sharp but not yet indicative of capitulation.
Technically, the RSI sits at 49.42 — neutral territory — which means momentum is balanced and a bullish reversal remains possible if buyers return.
I'll be watching for stabilization above $4.52 and confirming signs like rising RSI and volume before increasing exposure; a clean break below that level would invalidate the short-term bullish view.
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