ATA: The price is currently undergoing a strong correction after a breakout growth phase. The short-term trend has weakened, further observation is needed at important support levels.

1. Price Trend

1-hour frame (1H): The current price is at 0.1833, up 74.90% in the last 24 hours but has sharply decreased from the peak of 0.2547. Bollinger Bands are expanding, but the price is approaching the middle band (0.1836), indicating increasing selling pressure. RSI is at 36.01, in a downtrend, near the oversold region.

15-minute frame (15M): The price has broken through the middle band of the Bollinger Bands and decreased to the support area of 0.1800. RSI is at 18.67, signaling an oversold area, a short-term recovery may occur.

2. Entry Points

Buy Point (Long): Wait for the price to test the support area of 0.1750 - 0.1800 and show a bullish reversal signal such as a Hammer candle or RSI recovering above 30.

Sell Point (Short): If the price cannot hold the 0.1750 area, consider opening a short position.

3. Take Profit Levels

Buy Order: Take profit at 0.1950 - 0.2000 (near resistance).

Sell Order: Take profit at 0.1600 - 0.1650 (lower support).

4. Stop Loss

Buy Order: Stop loss below 0.1700 (breaking near support).

Sell Order: Stop loss above 0.1900 (breaking near resistance).

5. Overall Strategy

The price is undergoing a strong correction after a rapid growth phase. Prioritize observing signals at the support area to trade according to the recovery trend or consider selling if the support is broken.

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