$AT's performance at key resistance levels is worth paying attention to.

Look at that high point of 0.17700, with a long upper shadow dragging above — a classic shooting star pattern. The bulls pushed aggressively earlier, but were knocked down here. The chips currently stuck at this level are mostly trapped, unable to exit. This position is like hanging on the edge of a cliff, with significant risk.

The price is far from the purple MA(99) line below (about 0.11107), and the rubber band has already stretched to its limit. Such a sharp deviation from the average cost is always a precursor of main players offloading. Whether it collapses or not depends on when the big players decide to let go.

Now, look at the indicator status. The red energy bar on the MACD is clearly shrinking, and the DIF and DEA lines are also stagnating at high levels, indicating that the upward momentum is weakening. The oil in the tank is almost gone; further rallying will be difficult. The J line of KDJ has dropped from a high level to around 11.6, which is a clear sign of weakness. Although a death cross hasn't appeared yet, the momentum has already noticeably weakened.

Overall, the opportunity for a bearish trend is brewing. The stop-loss for new short positions can be set at 0.162, and the resistance levels above need to be closely monitored. Adding to short positions during a rebound might be an option, but risk control is essential.