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ATOM Smashes Through Resistance as Trading Volume Explodes 300% – Here’s What’s Next

ATOM Smashes Through Resistance as Trading Volume Explodes 300% – Here’s What’s Next

Author:
CoindeskEN
Published:
2025-07-07 14:42:34
17
1

ATOM Breaks Resistance Level as Trading Volume Triples

Cosmos' ATOM just bulldozed past a critical resistance level – and the market responded with a trading volume surge that tripled overnight.

The breakout nobody saw coming

While traditional finance was busy chasing 2% bond yields, ATOM quietly positioned itself for this week's explosive move. The token's 300% volume spike suggests either smart money loading up... or retail FOMO about to get rekt.

What the charts won't tell you

Technical analysis shows clean breakout, but the real story's in the derivatives data. Open interest is climbing faster than a DeFi degens' leverage ratio – always a dangerous sign when paired with parabolic moves.

Welcome to crypto's perpetual hype cycle

Another day, another 'game-changing' breakout. Will ATOM sustain this rally or become another overbought casualty? Either way, hedge funds will profit while Twitter threads claim they 'called it all along.'

|Square

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