Cosmos (ATOM) price analysis shows a positive trend and a sharp recovery of approximately 40% from the support level of $3.408.ATOM price is attempting to break out of the $5.10 and $5.622 levels, showing signs of a fresh bullish rally.Buyers are dominating as long as the ATOM price sustains above the 50-day EMA, and the RSI indicator suggests a positive outlook.If the price faces rejection from the $5.622 level, immediate support is expected at $4.702.