$ATA Trading Signal - Potential Bearish Continuation?

Observation: $ATA is displaying signs of a potential bearish continuation pattern. The recent rejection near $0.1850 suggests selling pressure, with lower highs forming and momentum weakening.

Suggested Trade Setup:

Entry: $0.1650 - $0.1700 (short positions)

Targets:

Target 1: $0.1580

Target 2: $0.1500

Stop Loss: $0.1760 (above resistance)

Market Behavior: The chart indicates declining volume and inability to sustain key resistance levels, supporting the short-term bearish outlook.

Risk Management: Use tight stop losses and aim for partial profit-taking at Target 1 to secure gains.

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