#cplusplus
Monad is a fast, scalable Layer 1 blockchain fully compatible with Ethereum's EVM, allowing you to run Ethereum smart contracts without changes. It improves speed by separating consensus (agreement on transaction order) from execution (processing transactions), enabling parallel transaction execution and reaching 10,000 transactions per second with 1-second finality. Monad uses a custom EVM and a special database (MonadDb) optimized for parallel state access, reducing delays. This means you get much faster, cheaper transactions while keeping Ethereum compatibility, making it easier for developers and users to adopt and benefit from high performance and scalability.
https://github.com/category-labs/monad
#ATA/USDT analysis :
#ATA is currently finding support above the 200-period exponential moving average (200 EMA) within the support zone. The price is anticipated to test this zone and maintain its bullish momentum to reach the previous swing high.
TF : 4h
Entry : $0.0900
Target : $0.0983
SL : $0.0850
Currently, #ATAUSDT is compressed within a falling wedge pattern, a classic bullish reversal signal.
Should #ATA fail to bounce back from the $0.0820-$0.0700 support, our eyes will be on the next critical level at $0.0580. Historically, this level has been a stronghold, and the probability of a rebound here is notably higher.
But if $ATA breaks below these key support levels, the bears might take control, potentially leading to a bearish continuation.