ATOM after a two-month halt – is $3.3 the next barrier to overcome?

Buying impulse drives Cosmos higher

Cosmos [ATOM] is experiencing an intense accumulation phase, which resulted in breaking through the resistance at $2.65 – the price last seen in November. This barrier symbolizes renewed investor interest in this altcoin. According to the latest data from January 15, 2026, the token is trading at $2.51, although it has shown significant fluctuations in recent days. Weekly, ATOM shows a 1.54% increase, while daily trading volume reaches $406,600 with a market capitalization of $1.22 billion.

Transaction dynamics in the Spot market show a clear dominance of buyers. Purchase volume reached 4.2 million compared to 3.9 million in sell volume – this difference generates a positive delta sign at the level of 300K, a clear signal of an aggressive accumulation phase. Such a setup has historically preceded price growth periods, as rising demand reduces the available supply on the market.

Cosmos network activity signals a breakthrough

After a significant decline in activity in the last quarter of the previous year, the Cosmos network is experiencing a noticeable revival. The number of daily active users increased from 4,000 to 8,000 addresses, while the total active wallet base expanded to 3.5 million. At the same time, the number of daily transactions nearly tripled – from 13,000 to 30,000, raising the total to 86.9 million transactions on the network.

This parallel growth in both transaction count and addresses is a credible indicator of Cosmos adoption. Demand driven by these changes is organic – not concentrated in the hands of a few large holders, but spread across a broad participant base. This suggests strengthened network fundamentals and supports long-term token valuation.

Futures market confirms growing interest

Capital flows in the derivatives market reveal escalating engagement. Open positions increased by 10% to $183 million, while trading volume reached $220 million – a 27% increase compared to the previous period. Capital inflows into Futures amounted to $53.09 million, while outflows totaled $49.04 million.

The result is a net flow increase of 475.9% to $4.05 million – a metric indicating strong interest in both long and short futures positions. However, it’s worth noting that the Long/Short ratio remains below 1, suggesting a dominance of bearish positions – market participants remain cautious despite rising demand.

Technical scenario: where is ATOM headed?

On the ATOM price chart, it has clearly broken through key moving averages – both EMA 20 and EMA 50. The Relative Strength Index (RSI) has reached the level of 70, signaling entry into an overbought zone and dominance of buyers. These technical conditions confirm the strength of the current upward trend.

If the current buying impulse persists, ATOM should test the EMA 100 located at $2.7. After breaking this zone, an alternative target is the long-term resistance at $3.3. On the other hand, if the upward energy exhausts, the token may retreat to the support level of $2.2.

Summary

• ATOM broke a two-month resistance, touching $2.65 before a correction
• Network activity rebounded, indicating demand regeneration
• The Spot market shows a positive delta sign, confirming accumulation
• Futures flows increased by nearly 476%, although the long/short ratio remains bearish
• The technical target is $3.3 if the trend continues