AT's recent decline is not a gentle correction but a classic flash crash caused by a massive capital exit. From the K-line chart, it's clear that the price has fallen from a high level all the way down to $0.14860, breaking through all moving average support levels. Although there was some rebound afterward, the overall pattern shows that the bears still firmly control the market. This rebound is merely a technical correction during the decline.



The most telling indicator is trading volume—during the decline phase, volume surged, with 24-hour trading volume exceeding 27 million USDT. Such a scale of sell-off isn't something small retail investors can produce; it's clearly large capital concentrated on unloading.

**About Entry Opportunities**

If you want to catch the bottom, don't rush. If you're really aiming for a rebound, you can wait until the price rebounds to the $0.168-$0.170 range before trying to enter with a small position, or simply wait until the price stabilizes above a key resistance level before taking action. Many have learned from past mistakes—being caught in the middle of a mountain is the most uncomfortable.

**Short-term Target Levels**

The first target is $0.160, the second is $0.155. If the downward momentum hasn't reversed, $0.150 is also a possible touch point.

**Risk Management**

Set your stop-loss at $0.170. As long as the price breaks through this level, the short-term downtrend is likely to slow down, and it's time to change your strategy.

I believe the current decline of AT is far from over. The rebound is too weak, and the bulls haven't been able to form an effective support. As long as it doesn't break below $0.170, the bearish outlook remains valid. A special reminder for long positions—don't blindly catch the bottom at this stage, as it's easy to get trapped. For shorts, don't chase after every decline; wait for a rebound to a resistance level before entering to ensure steady profits.
AT-0.59%
View Original
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.
  • Reward
  • 8
  • Repost
  • Share
Comment
0/400
TradingNightmarevip
· 19h ago
Large funds dumping 27 million USDT, retail investors are still debating whether to buy the dip at 0.168? Really daring to think Wait, with such a weak rebound, there are still people taking the bait. Looks like more people are going to get trapped Stop talking, I’m already stuck at 0.16, now I just hope 0.15 can save me This is the standard big whale dumping script, I’ve memorized the script inside out The bears should keep pushing down, it feels like 0.15 is not a dream, and 0.14 must be defended
View OriginalReply0
airdrop_whisperervip
· 01-05 22:54
It's so obvious that large funds are pulling out, yet there are still brave warriors daring to buy the dip...
View OriginalReply0
GasWranglervip
· 01-05 09:56
nah actually if you look at the mempool data during that dump, the transaction throughput was demonstrably inefficient—most retail got liquidated chasing support levels that were never really there mathematically speaking
Reply0
PretendingSeriousvip
· 01-05 09:54
This wave of large capital dumping is really fierce. With a trading volume of 27 million, small investors really can't play. The rebound is probably just a trick to trigger stop-losses.
View OriginalReply0
SudoRm-RfWallet/vip
· 01-05 09:43
Large capital dumping is just large capital dumping, stop covering yourself up.
View OriginalReply0
FancyResearchLabvip
· 01-05 09:40
Once again, large funds are moving in, and Lu Ban No.7 has started to dump again, now mastering the skill. Being trapped halfway up the mountain is indeed the most uncomfortable. I was in the same situation last time... Theoretically, 0.170 is a key level, but on the other hand, the practical value is MIN. This rebound is ridiculous; the bulls didn't catch it at all. The bearish logic is still worth continuing... But it's just another useless rebound. Don't rush to bottom fish yet. This contract is a bit interesting, but I'll try this smart trap first. Large funds are selling off 27 million USDT. What can small investors do... Let's see if 0.160 can hold steady.
View OriginalReply0
SwapWhisperervip
· 01-05 09:36
Such obvious large capital outflows, retail investors are still sleepwalking into the bottom. This is the gap between retail investors and the main players.
View OriginalReply0
just_here_for_vibesvip
· 01-05 09:31
Large capital is clearly offloading, yet retail investors still rush in to buy the dip. They're really just giving away money.
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • بالعربية
  • Português (Brasil)
  • 简体中文
  • English
  • Español
  • Français (Afrique)
  • Bahasa Indonesia
  • 日本語
  • Português (Portugal)
  • Русский
  • 繁體中文
  • Українська
  • Tiếng Việt