According to @stocktalkweekly, Cosmos (ATOM) has established significant support at the $4.50 level after previously forming a bottoming pattern around the $4.01-$4.05 zone. Technical analysis indicates a bullish trend, with ATOM breaking through the $4.18 resistance on high volume and forming an ascending channel. This price action is occurring as Ethereum whale transaction volumes have surged by 164.14% to $7.84 billion, a potential leading indicator for an upcoming altcoin season which could benefit ATOM. Traders are now monitoring the $4.600 resistance level for a potential breakout, while the $4.502 level has shown strong buying interest with 1.63M in volume.