Markets· ★★· bearish·

ATOM Falls 6.46% to $1.80 on Volume 56% Above Average

  • —ATOM trades at $1.80, down 6.46% from the prior close of $1.92
  • —Daily volume is 55.80% above the 30-day average
  • —Price sits below SMA-5 and SMA-7 but above SMA-15, SMA-20, SMA-50 and SMA-200
  • —Nearest supports at $1.74 and $1.70; VWAP at $1.89
Why it matters: The drop on elevated volume without a clear catalyst suggests profit-taking after a 12.89% gain over 30 days.
Source: DiarioBitcoin