Cosmos (ATOM) has continued its downward trend, falling over 13% in the past week to trade near $1.23.
The market remains under bearish control, with technical indicators such as a firm MACD sell reading and an oversold RSI of 22.04 confirming this outlook.
According to traders, the risk remains high for further declines ahead, with potential resistance at $1.265 and support below $1.011.
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