$ATA USDT BEARISH CONSOLIDATION – WEAK BOUNCE, SELLERS STILL DOMINATE!
ATA/USDT is currently consolidating near 0.0468, struggling to reclaim its recent highs at 0.0485. The price remains below the 25 MA (0.0467) with the 7 MA (0.0466) barely holding support, while the 99 MA (0.0462) acts as a stabilising base. Overall momentum remains weak with lower highs forming.
🔻 TRADE SETUP:
Short Entry: 0.0467 – 0.0472
Targets: 0.0460 / 0.0453
Stop Loss: 0.0477
📊 MARKET OUTLOOK:
The market is lacking bullish conviction and continuous rejection below 0.0472 suggests further downside is likely. Expect sellers to target the lower support zones if current levels break.
⚠️ RISK MANAGEMENT:
Maintain strict stops and manage leverage cautiously to navigate choppy sideways-to-down markets.
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buy and here trade on $ATA