The discovery of a developer linked to North Korea that contributed to the Cosmos code between 2022-2024 has caused improved security measures, while the main exchanges expand rethinking options for atom holders despite market pressure.
ATOM is currently quoted at $ 4,086 after losing 5.52% of its value in the last 24 hours.
Technical analysis
- There was an acute sales sale for 22: 00-23: 00 hours on June 16 with an exceptionally high volume (1.4m+), establishing resistance to $ 4.29.
- The support emerged around $ 4.06- $ 4.07 with a growing volume, which suggests a potential stabilization.
- The general impulse remains bassist with lower maximums that are formed in multiple deadlines.
- A notable recovery occurred in the last hour, rising from $ 4,077 to $ 4,084 (0.17%increase).
- Significant bullish promotion between 13: 24-13: 30 Saw Saw Atom arises from $ 4,076 to $ 4,096 in high volume.
- The hourly closure at $ 4,084 suggests a stabilization above the support level of $ 4.07.
