The $AT /USDT hourly chart is showing some interesting tightening right now. After a brief spike to the $0.10 level, we are seeing price action stabilize around the 0.092 mark.
Key Observations:
EMA Squeeze: The EMA(7) and EMA(25) are currently sitting right on top of each other at 0.0919, signaling a period of consolidation before a potential breakout.
Support Holding: The EMA(99) (purple line) at 0.0906 is acting as a solid floor. As long as we hold above this, the trend remains healthy.
RSI Check: RSI(6) is at 54, leaving plenty of room for an upward move without being overbought.
The bulls are defending the support well. If we can flip the 0.095 resistance into support, we might see another test of the 0.1009 high soon! 📈
