$ATA /USDT Technical Analysis

Current Price: $0.1286 (+31.76%)

24h Range: $0.0963 - $0.1300

Volume: High (Strong market activity)

Momentum: Bullish Surge

Technical Analysis

1. Support Levels:

Primary Support (S1): $0.1200

Secondary Support (S2): $0.0960

2. Resistance Levels:

Primary Resistance (R1): $0.1300

Secondary Resistance (R2): $0.1500

3. Indicators:

RSI: Over 70 (Overbought zone; possible short-term correction).

MACD: Strong bullish momentum with widening gap.

Volume: Increasing significantly, indicating strong buying interest.

4. Trend:

Price has broken out of a consolidation phase with high volume, confirming a bullish trend.

Trade Setup

Entry Zone: $0.1250 - $0.1300

Stop Loss: $0.1150 (Below recent support level)

🎯 Target Levels:

Target 1 (Short-term): $0.1400

Target 2 (Mid-term): $0.1500

Target 3 (Long-term): $0.1650

Trade Momentum:

Bullish Bias: Strong upward momentum due to the breakout and volume spike.

Risk-to-Reward Ratio (R:R): Favorable, approximately 1:4.

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