ATOM Defies Gravity: Soars 7% in Stunning Rebound from $4.47 Floor
Cosmos' ATOM pulls off a textbook recovery play—just as traders started writing obituaries.
The bounce that silenced the bears: After nosediving to $4.47 (a level last seen when your DeFi portfolio still had hope), the interchain token ripped upward like it remembered it's supposed to be a top-30 crypto asset.
Market mechanics at work: That 7% surge wasn't magic—it's what happens when perpetual traders get squeezed and spot buyers finally wake up. The 'support level' held... until the next time Wall Street sneezes and crypto catches pneumonia.
Funny how these 'decentralized' assets still dance to Bitcoin's tune—but at least ATOM remembered its choreography today.