Markets· ★★· bearish·

Cosmos (ATOM) drops 4.28% to $1.91 on volume 87% above average

  • —ATOM trades at $1.91, down 4.28% on the day, session low $1.90
  • —Volume of $97.13 million is 87.38% above the 30-day average
  • —Price sits below $1.94 VWAP, but RSI 59.9 and MACD remain bullish
  • —Market cap $1.02 billion, down 95.7% from its all-time high
Why it matters: The drop on elevated volume without a clear catalyst signals seller pressure; holding $1.90 will define the near-term trend.
Source: DiarioBitcoin