The native token of Cosmos, ATOM, has seen a significant surge in price, with a 10% increase in the past 24 hours. This rally is supported by a high trading volume and open interest, indicating strong buying interest and suggesting that the uptrend may be sustainable. ATOM's rising Relative Strength Index (RSI) confirms the bullish momentum, while Fibonacci Retracement analysis points to a key price target of $7.81 if buying momentum continues. However, profit-taking could disrupt the bullish scenario and potentially bring ATOM's price down to $3.63.



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