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#ATA
ATA just broke out of a clean descending channel and is now hovering above that key supply zone around 0.044–0.047.
If bulls hold this level and flip it into support, the next leg could launch toward 0.0575 — and possibly 0.075+ if momentum kicks in.
However, if it gets pulled back below the trendline, that breakout could fade fast and trap late longs back to 0.035.
Critical retest moment — this breakout is valid only if it holds.
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❓ Got any thoughts? Leave a comment 💬
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🥳 @Coach | Chart Insight #July005
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ATA just broke out of a clean descending channel and is now hovering above that key supply zone around 0.044–0.047.
If bulls hold this level and flip it into support, the next leg could launch toward 0.0575 — and possibly 0.075+ if momentum kicks in.
However, if it gets pulled back below the trendline, that breakout could fade fast and trap late longs back to 0.035.
Critical retest moment — this breakout is valid only if it holds.
➖➖➖
➖➖➖
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