Analysis and Recommendation

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$ATA /USDT Setting up a long buy trade – Ongoing breakout

Current price: 0.0505

Market structure: ATA has surpassed the psychological level of 0.0500 with strong upward momentum, indicating the possibility of the trend continuing towards higher resistance.

Entry level:

0.0500 – 0.0505 (upon retest/confirmation)

Stop loss:

0.0475 (below the last support)

Target points:

TP1: 0.0510

TP2: 0.0520

TP3: 0.0535

Trade analysis:

ATA shows strength after consolidating below 0.0500 and then pushing up with strong green candles. If the price remains above 0.0500, buyers could drive the movement towards the 0.0520–0.0535 area. Managing the stop loss accurately is important as this level has been a pivotal area previously.

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Buy and trade from here

$ATA