Alright listen closely, this one needs patience not panic…
$ATA is currently moving sideways after a minor pullback, holding above the local support zone near 0.0160. Price tried to push higher earlier but faced rejection, and now it’s compressing in a tight range, which usually hints that a directional move is loading. As long as this base holds, bulls still have a chance to step in for a short-term recovery move.
The structure shows buyers defending the lows, but confirmation is required from a clean push above the nearby resistance. If momentum builds, a small breakout can give a decent scalp, while failure to hold support may open room for another dip.
Trade Setup
Long Entry: 0.0160 – 0.0162
Targets:
• 0.0166
• 0.0170
Stop Loss: 0.0156
Short Outlook
If price breaks and closes below 0.0156, bullish structure fails and $ATA may slide toward lower support zones. Trade with discipline and manage risk.
