- Cosmos ($ATOM) is trading within a symmetrical triangle, and a break out move has a probability of 30 percent going through.
- ATOM has gone up to a high of 13.94 in early 2024 and since then it has fallen drastically, and is currently trading between 4.00 and 5.00.
- The major levels that should be considered are the resistance at $6.00 with the upside momentum and the supportive levels of 3.80 to 4.00 where the downside.
Cosmos ($ATOM) is entering a symmetrical triangle, which indicates scalping ranges and overlapping trendlines. The setup signals an imminent breakout. The present framework indicates that volatility is squeezing, and the market is about to reach a conclusive price action.
With the height of the triangle extrapolated off of the breakout point, analysts project a possible 30 percent range. This is a projection of probable targets. It is not clear which way it will go until price has closed above the resistance or support with good momentum.
Any breakout above the triangle might drive ATOM to between $5.50 and $6.00. It may however be dragged close to 3.80 following a breakdown. These ranges are followed by traders when the price is near the apex.
Historical Price Action 2023–2025
Cosmos shot up late 2023 and early 2024 to a peak of $13.94. The rally was not long lasting and sustainable. In mid-2024 the prices experienced a sharp downward renewing the gains and establishing a long-term downtrend.
Another rally emerged in late 2024, but ATOM struggled to hold strength above $10. Renewed selling pressure capped the recovery. The decline pushed the price below $5 as 2025 began.
Since then, Cosmos has traded between $4 and $5. This consolidation reflects both reduced volatility and an attempt to build a base. Market sentiment remains neutral while the token holds this range.
Outlook and Key Levels
At present, Cosmos trades at $4.51, stabilizing above critical support near $4.00. This level has repeatedly attracted defensive buying. Resistance stands at $6.00, making it a decisive target for bullish momentum.
The symmetrical triangle highlights immediate risk and opportunity. A confirmed breakout will likely dictate the next sustained trend. Until then, consolidation continues to define Cosmos price action.
Cosmos illustrates the volatility common in digital assets. Strong rallies quickly reverse, yet consolidation phases often set the stage for new moves.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. CoinCryptoNewz is not responsible for any losses incurred. Readers should do their own research before making financial decisions.
