The recent trend of AT is quite interesting. The price is now at 0.1017, having broken through the 7-hour, 25-hour, and 99-hour moving averages (at 0.1009, 0.0970, and 0.0925 respectively). From the chart perspective, it leans towards a bullish signal.
If it can stabilize and break through the range of 0.105 to 0.109 (it previously reached 0.1089), then there is a chance to continue to push up to the levels of 0.11 or even 0.115. Conversely, if there is a pullback, the short-term support is around 0.098 to 0.095, and the 99-hour moving average at 0.0925 is a stronger defense line.
The current trading volume shows a significant increase during the breakout, which is a positive signal. However, to sustain the upward trend, the key is whether this buying power can be maintained—put simply, it needs to hold near the short-term moving averages; otherwise, the rebound is likely to be short-lived. Overall, this setup is somewhat bullish but still requires confirmation.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
18 Likes
Reward
18
4
Repost
Share
Comment
0/400
WagmiAnon
· 12-23 20:17
Higher trade volumes breakout is like this, it looks beautiful, but usually needs to retest once.
View OriginalReply0
down_only_larry
· 12-22 06:19
A breakout with higher trade volumes through three moving averages... we need to see how long the volume can support it, lest it turn out to be another false breakout trick.
View OriginalReply0
FomoAnxiety
· 12-22 05:51
Breaking through the three moving averages with higher trade volumes is indeed worth following, just afraid that no one will catch a falling knife later.
View OriginalReply0
TokenomicsShaman
· 12-22 05:24
Higher trade volumes broke through multiple moving averages, this time AT seems a bit interesting, but we still need to see if it can hold up, otherwise it would just be a false alarm.
The recent trend of AT is quite interesting. The price is now at 0.1017, having broken through the 7-hour, 25-hour, and 99-hour moving averages (at 0.1009, 0.0970, and 0.0925 respectively). From the chart perspective, it leans towards a bullish signal.
If it can stabilize and break through the range of 0.105 to 0.109 (it previously reached 0.1089), then there is a chance to continue to push up to the levels of 0.11 or even 0.115. Conversely, if there is a pullback, the short-term support is around 0.098 to 0.095, and the 99-hour moving average at 0.0925 is a stronger defense line.
The current trading volume shows a significant increase during the breakout, which is a positive signal. However, to sustain the upward trend, the key is whether this buying power can be maintained—put simply, it needs to hold near the short-term moving averages; otherwise, the rebound is likely to be short-lived. Overall, this setup is somewhat bullish but still requires confirmation.