$AT Negative technical indicators: AT rebounded by 10.1% but is still trading near its all-time low, indicating structural weakness below the major moving averages.
Risk of long position pressure: A high long/short ratio of 5.7 with significant capital outflow suggests the potential for a cascading liquidation.
Positive fundamental indicators: Analysts are showing optimism about AT's multi-chain infrastructure, with some indicating the start of a potential accumulation phase.
Ecosystem growth: Promotions from Binance such as gift distributions for holders and Simple Earn aim to increase token adoption and stimulate interaction with it.
Approaching $AT low levels amid tightening risks
AT is trading near its all-time low, with a high long/short ratio (5.7) indicating liquidation risk. The bearish structure and capital outflows confirm selling pressure despite the recent bounce.
Positive analysis against market reality
Key opinion leaders (KOLs) express optimism, pointing to AT's strong fundamentals and the ongoing accumulation phase.
Community posts highlight its potential as a multi-chain data infrastructure.
However, this contrasts with blockchain data showing significant selling pressure. 🔗
Ecosystem support initiatives in Binance
Gift distributions for HODLers and the CreatorPad platform: rewards offered to BNB holders and content creators.
Simple Earn: flexible investment options available for AT holders.
These initiatives aim to increase the token's utility and stimulate interaction with it. 🔗
Key levels to watch
Critical support is near the historical low at $0.1002.
The main resistance at the 99 EMA average ($0.1173
