$ATOM Holding Key Demand — Bounce Setup Forming?ATOMUSDT Perpetual ContractBYBIT:ATOMUSDT.PLeo524 ATOM is currently trading around the $1.80–$1.70 support zone after sweeping liquidity below this level. This area previously acted as demand and the market is now attempting to stabilize here. If buyers continue defending this region, a short-term relief bounce could develop. From a structure perspective the broader trend remains bearish on the daily timeframe, but the 4H chart shows price consolidating near the value area. A reclaim above the $1.86 level could open the door for a move toward the $2.00–$2.04 resistance zone where previous supply sits. RSI is recovering from oversold territory while volume has stabilized after the selloff. This combination often leads to short-term rebounds. If buying pressure increases from this demand zone, ATOM could attempt a recovery move while the broader downtrend remains intact.