Atausdt
ATAUSDT DESCENDING WEDGEAtausdt is forming a descending channel which will remain bearish for a while. A breakout is expected when it touches the 1fib. There's an opportunity to scalp to the target price and when it gets rejected, we should expect more downs then a breakout.
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ATA 1H Hype passed where it is safe to buyAutomata Network - A decentralized service protocol providing privacy middleware for Web3 dApps
Yesterday, with the start of trading, the ATAUSDT price made more than x100 per hour from $0.04 to $4.50
Now that the hype has subsided, it is time for buyers and sellers on the chart to "negotiate" a fair market price.
If buyers do not let the price drop below $0.40-0.50 , this will mean that there is interest around the coin and in the future, it can expect good growth.
If the search for a fair price is delayed, then it will be possible to put buckets to buy in the $0.10-0.13 zone
What are your thoughts on a fair price for ATA?
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