$AT The chart is screaming textbook distribution after the AT Campaign fakeout pump—sellers slammed straight into the 0.1350–0.1360 multi-week supply wall and triggered a violent bearish engulfing reversal on spiking 33.35M volume, the highest in 9 days, signaling exhaustion at the multi-month high amid infrastructure token cooldown..............
$AT has now lost the entire parabolic uptrend from the November lows, flipped the 0.1300–0.1310 breakout level into fresh overhead resistance, and is cascading lower on elevated sell-side pressure while the broader DeFi narrative fizzles post-campaign hype..................
Classic whale exit liquidity grab—smart money distributed aggressively into the +15% pump while retail FOMO-chased the “next AI infra moonshot” story. On-chain data shows large wallets dumping 10M+ AT since the peak, with CoinCodex now calling for a -3.5% wipe to ~0.119 by December 15 despite the $0.1234 spot print..................
If this rejection candle closes red below 0.1220, we’re headed for a brutal flush straight into the 0.1180–0.1150 liquidity pool within the next 24–48 hours..................
One of the cleanest overextended infrastructure shorts on the board right now—bears in full control with Fear & Greed flashing extreme fear at 20.
Trade Setup (Short)
Entry Range: 0.1225 – 0.1240
Target 1: 0.1200
Target 2: 0.1180
Target 3: 0.1150
Stop Loss: 0.1260
