$ATA /USDT TECHNICAL ANALYSIS: BEARISH PRESSURE BUILDING
Current Price: $0.0460 (+3.37%)
Timeframe: 4H Chart
KEY LEVELS:
Resistance 1: $0.0476 (Immediate Rejection Zone)
Resistance 2: $0.0485 (24H High – Major Barrier)
Support 1: $0.0458 (Key Intraday Support)
Support 2: $0.0437 (Critical Breakdown Level)
TRADE SETUP (SHORT):
Entry: $0.0464 – $0.0472 (on weak bounce)
Targets:
TP1: $0.0458
TP2: $0.0445
TP3: $0.0437
Stop Loss: $0.0486 (above resistance)
Technical Note:
ATA is showing signs of exhaustion near resistance, with price failing to hold above $0.0476. Lower highs suggest weakness, and a rejection here could lead to a short-term correction. Volume also declining on attempts to push higher.
RISK MANAGEMENT:
Risk 1–2% of capital per trade
SL is a must to protect from fakeouts
Patience + Discipline = Profit
Bears gaining control — trade smart, not emotional!
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