Cosmos (ATOM) rebounded from a key weekly support level at $1.65 on Sunday, February 15, signaling a potential trend reversal, according to crypto analyst Jonathan Carter.
This bounce has drawn attention from traders closely monitoring whether buying pressure can shift the prevailing bearish trend.
The zone ATOM is holding is fundamental. Buyers tolerated the selling pressure around this area to stop the decline. Analysts see these types of zones as battlegrounds because they give us the extremes.
It means that the strength of demand is stronger than that of supply. Strength is evidenced by holding above the battleground.
On the other hand, a breakdown beneath $1.65 would create selling pressure, which would not sustain the growing recovery narrative on the weekly time frame.
Also Read: Cosmos (ATOM) Reaches Make-or-Break Level as Long-Term Downtrend Persists
ATOM Could Surge to $14.50 if Support Holds Strong
If the rebound persists, multiple targets for upside levels may come into play. Jonathan Carter indicates the initial point is $2.80, with $5.50 and $8.00 serving as structural resistance points.
$10.50 and $14.50 pose targets in the longer term. Profit-taking or fresh selling pressure may occur in each zone. The advancement across these levels will dictate a permanent bullish shift for ATOM.
Source: Jonathan Carter X Post
There is still caution warranted. Until ATOM escapes the descending channel, the general trend remains bearish. A breakdown below $1.65 would indicate support is weakening, opening the path to further losses.
Price action, volume, and increasing higher lows are all being watched to determine if this is an artificial relief bounce or the beginning of a robust recovery.
Momentum Indicators Support Potential Trend Reversal
According to TradingView, as of Sunday, February 15, 2026, the price clearly started to fall from $3.00 in late November of 2025 to about $1.70 in February of 2026. The lowest point in this period was around $1.70.
After this period of low prices, the prices increased to about $2.12. There were times of consolidation and pullback in addition to the overall bullish correction in the timeframe, and prices increased to about $2.12. The price movement over the last period indicates renewed interest from buyers.
Source: TradingView
This potential shift can also be seen in the technical indicators. The RSI has risen to 51.44, moving past the neutral line at 50.
The MACD chart shows that the blue line is moving above the orange line, with a positive histogram. All these factors show a positive shift in market sentiment, with a potential trend reversal.
Also Read: Cosmos (ATOM) Faces Short-Term Pressure as Support Levels Under Scrutiny