The invention of a North Korea-linked developer who contributed to Cosmos code between 2022-2024 has triggered enhanced safety measures, whereas main exchanges broaden staking choices for ATOM holders regardless of market stress.
ATOM is presently buying and selling at $4.086 after dropping 5.52% of its worth over the previous 24 hours.
Technical evaluation
- A pointy sell-off occurred throughout 22:00-23:00 hours on June sixteenth with exceptionally excessive quantity (1.4M+), establishing resistance at $4.29.
- Help emerged round $4.06-$4.07 with growing quantity, suggesting potential stabilization.
- Total momentum stays bearish with decrease highs forming throughout a number of timeframes.
- A notable restoration occurred within the final hour, climbing from $4.077 to $4.084 (0.17% improve).
- Vital bullish momentum between 13:24-13:30 noticed ATOM surge from $4.076 to $4.096 on elevated quantity.
- The hourly shut at $4.084 suggests stabilization above the $4.07 help stage.
