ATOM Dives to Multi-Year Lows as RSI Hits Extreme Oversold Territory
ATOM dives to multi-year lows as RSI hits extreme oversold territory. Market structure shifts lower. ATOM trades at $2.19, marking a devastating 75% collapse from yearly highs. RSI plunges to 35.5 on the daily timeframe – the most oversold reading since March 2020. ADX climbs above 29, confirming genuine downtrend momentum behind the selloff.