The post ATOM Technical Analysis Mar 23 appeared on BitcoinEthereumNews.com.

ATOM is hovering at the 1.78 dollar level, stuck to the critical support zone at 1.7750, under downward trend pressure. Strong selling pressure is expected at nearby resistances, while BTC correlation carries additional risk for altcoins. Current Price Position and Critical Levels ATOM’s current price is positioned around 1.78 dollars, while the overall structure maintains its downward trend. Although the 24-hour change is limited to -0.78%, the price continues to stay below EMA20 (1.86 dollars) and RSI at 40.57 level gives a neutral-bearish signal. The range over the last 24 hours is squeezed between 1.75-1.81 dollars, with volume at low levels of 20.71 million dollars. In multi-timeframe (MTF) analysis, a total of 12 strong levels were identified across 1D, 3D, and 1W charts: 2 supports/3 resistances on 1D, 2S/1R on 3D, 3S/2R confluences on 1W. The price is below the short-term bearish Supertrend and is testing the 1.7750 support zone for a potential liquidity sweep. This position creates a liquidity pool that large players could target with their order blocks. Support Levels: Buyer Pools Primary Support The strongest support level is 1.7750 dollars (score: 73/100), just below the current price and overlapping with the 24-hour low (1.75). This level stands out as a strong demand zone on the 1D timeframe; it has been tested 3 times in the past and rejected each time with volume increase. It has confluence with the order block on the 1W chart and aligns with the Fibonacci 0.618 retracement level. EMA50 (around 1.77) provides dynamic support here. A break of this zone means buyers capitulate and could trigger a sharp drop – invalidation level is a close below 1.7750. Secondary Support and Stop Levels Secondary support at 1.6540 dollars (score: 66/100) is a clear supply/demand imbalance point on the 3D timeframe. This level has historical…

---

Filed under: News - @ March 23, 2026 4:17 am