Mallicast's Analysis of the ATOMUSDT

The ATOM trading pair is currently at its lowest price since its launch, which has diminished its significance. However, Mallicast's analysis suggests that with confirmation from an appropriate weekly candle, the pair could return to its previous position. In higher time frames, the analysis is as follows: a continued decline to the price level of 4.7921, followed by a strong upward movement to 5.5540, then a pullback to previous levels, and finally a subsequent rise to 6.7991.