ATOM Jumps 5%—But a Bearish Head-and-Shoulders Looms
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Cosmos’ ATOM token just ripped a 5% rally—only to face the specter of a classic reversal pattern. Traders eyeing the charts now brace for potential downside.
Head-and-shoulders formations don’t always play out, but when they do? Cue the ’I told you so’ from crypto permabears. Meanwhile, institutions keep stacking bags—because nothing says ’hedge against traditional finance’ like volatile altcoin technicals.
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