For a comprehensive analysis of the $ATA coin
1. Technical analysis:
General trend:
Current price: 0.1641 USDT.
The general trend is towards a slight decline after the previous strong rise.
Technical indicators:
RSI (Relative Strength Index): At 46.09, indicating that the market is in balance between sellers and buyers, with no clear overbought or oversold conditions.
MACD:
Current value: -0.0030.
The downtrend is clear as the correction continues.
Moving Averages (MA):
The price is slightly below the short and medium averages (MA5 and MA10), indicating a weakness in the bullish momentum.
Size:
Trading volume is lower than previous highs, reflecting weak market interest in buying or selling.
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2. Support and resistance points:
Main Support: 0.1446 USDT (previous consolidation area).
Minor Support: 0.1600 USDT.
First resistance: 0.2037 USDT.
2nd resistance: 0.2547 USDT (previous high).
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3. Entry and exit points:
Login:
Safe entry is when the support 0.1446 is tested with clear bounce signals (such as increased volume or a positive MACD crossover).
If it stabilizes above 0.1600, then buy is confirmed.
Exit:
Short selling objectives:
0.1800 - 0.2000 USDT.
Top goal:
0.2037 USDT.
Stop loss:
Less than 0.1400 USDT.
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4. Objectives and Strategy:
Daily trading objectives:
Entry: 0.1600 - 0.1640 USDT.
Sell: 0.1800 USDT.
Stop Loss: 0.1550 USDT.
Short-term investment objectives:
Entry: 0.1446 - 0.1600 USDT.
Sell: 0.2000 - 0.2037 USDT.
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5. General advice:
Avoid entering with full capital.
Monitor news related to the project, as news events can greatly affect price movement.
Use strict capital management to reduce risk.
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